Colgate looking to sell personal care brands for $1 billion: Report

Colgate-Palmolive may sell several personal care brands, including Softsoap, Irish Spring, and Speed Stick, in a deal worth over $1 billion, Reuters reported. This comes after Colgate CEO Noel Wallace said the company needs a "long-term turnaround". Colgate's personal care unit accounted for 17% of its 2025 net sales, and the oral care segment is its biggest revenue generator.