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Mergers & Acquisitions

Sep. 23, 2010

MoFo Lawyers Help Clorox Sale

Oakland-based cleaning product maker Clorox Co. announced Tuesday it is selling its auto care business, including brands such as Armor All and STP, to New York-based Avista Capital Partners for $780 million.

By Jill Redhage

Daily Journal Staff Writer

Oakland-based cleaning product maker Clorox Co. announced Tuesday it is selling its auto care business, including brands such as Armor All and STP, to New York-based Avista Capital Partners for $780 million, in another example of private equity buyers springing back into action after a two-year hiatus.

The San Francisco-based co-chair of Morrison & Foerster's corporate group, R...

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