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https://i-invdn-com.investing.com/trkd-images/LYNXMPEI9H0M2_L.jpg“Hill’s could deliver even faster growth and better margins if it were a stand-alone business,” Loeb says in a forthcoming investor letter, according to the report which cited sources.
Colgate and Third Point did not immediately respond to Reuters’ requests for comment.
Colgate-Palmolive shares rose 2.2% in morning trading.