The European Commission has cleared U.S. consumer goods manufacturer Colgate-Palmolive Co. (CL) to acquire sole control of Unilever NV's (UN) Sanex business.

The commission found that the merged entity would continue to face competition from a number of other strong companies, and that customers would still have sufficient alternative suppliers in all markets concerned.

Sanex operates in the personal care sector, with a focus on the markets for bath and shower products, soap and deodorant.

The divestment of Sanex is the result of a commitment made by Unilever in order to acquire Sara Lee Body Care.

-By Frances Robinson, Dow Jones Newswires; +32 2 741 1486; frances.robinson@dowjones.com

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