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PZ Cussons sells Polish brands
PZ Cussons is to sell its Polish home care brands to German consumer good giant Henkel for £46.6m in cash, the group announced yesterday. The deal, which includes the sale of laundry detergent and washing up liquid, is still subject to merger control clearances and is expected to be completed in the next six months. PZ Cussons said the sale will allow it to focus on growing its personal care division in the country.