Colgate-Palmolive, already in China, is one of the global consumer products companies said to be considering buying Guangzhou-based Weimeizi, which makes Saky brand oral products and toothbrushes. Pictured is Colgate’s Hong Kong marketing manager, James Wong. Photo: Handout

Unilever, Colgate-Palmolive ‘consider bidding for Chinese consumer-product company for up to US$1 billion’

  • Citigroup, sources say, is advising on the possible sale of Weimeizi as mega cross-border deals slow
  • Global conglomerates continue to see China as a key market despite trade-war tensions
Topic |   Mergers & Acquisitions

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Colgate-Palmolive, already in China, is one of the global consumer products companies said to be considering buying Guangzhou-based Weimeizi, which makes Saky brand oral products and toothbrushes. Pictured is Colgate’s Hong Kong marketing manager, James Wong. Photo: Handout
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