GS · News · 20260911N

Acquisitions and Divestitures

GOLDMAN SACHS GROUP INC · 2026-09-11 · Importance 34 · Surprise 42

Goldman Sachs is advising Colgate-Palmolive on a potential sale of the Softsoap, Irish Spring, and Speed Stick personal-care brands. The proposed divestiture is expected to generate more than $1 billion. Colgate-Palmolive is considering the sale to streamline its portfolio and focus resources on core brands amid cost and tariff pressures.

Key facts

• The Manufacturers Life Insurance Company increased its stake in The Goldman Sachs Group, Inc. by 3.4% in the second quarter, acquiring an additional 8,024 shares to now hold 243,871 shares valued at approximately $246.6 million. source
• Goldman Sachs recently increased its quarterly dividend to $5.00 per share. source
• Goldman Sachs has reinstated its Buy rating for Element Solutions (NYSE: ESI), setting a price target of $44.00, following the termination of its proposed merger with SOLS. source
• Goldman Sachs has raised its price target for Equinor ASA to 350 Norwegian kroner from 320, while maintaining a Sell rating on the stock. source
• Institutional investors collectively own 71.21% of Goldman Sachs. source