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LG Household & Health Care Shifts North America

LG Household & Health Care North America said on Aug. 24 that it had signed a stock purchase agreement to sell a 100% stake in its subsidiary The Avon Company to Stratford Worldwide.Stratford…

  • LG Household & Health Care sells Avon to Stratford Worldwide for $12.4 billion.
  • Company shifts focus to retail and digital channels in North America.
  • LG aims to boost competitiveness of Dr.GROOT, belif, and CNP brands.

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