NEW BRUNSWICK (dpa-AFX) - Procter & Gamble (PG) announced the sale of its Hipoglós diaper rash cream brand in Brazil to Johnson & Johnson Consumer Inc. The deal is expected to close in the next 4 to 6 months.
The company said Hipoglós brand is one of the most traditional brands among Brazilian moms to care and protect their babies' skin from diaper rash.
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