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All Out maker to sell majority stake in local unit to Bansk SECTIONS Share Synopsis An SC Johnson spokesperson confirmed the restructuring at the India operations and said the joint venture will also support the Sri Lanka and Nepal markets. The spokesperson did not elaborate. “As a private company, SC Johnson does not disclose details regarding financial or business transactions,” the person said. iStock Representative image MUMBAI: US-based SC Johnson, best known in India as the maker of All Out mosquito repellent and Kiwi shoe polish, has unexpectedly decided to give up majority ownersh...

  Bart Becht, Coty’s current interim CEO and chairman, will remain chairman following the transition. According to Coty, Leoni Sceti brings a track record of devising and executing corporate strategies to build global brands and achieve strong financial results at consumer-oriented companies ranging from EMI Music to the Iglo Group, where he currently serves as CEO. At the Iglo Group, a European frozen food company, he worked closely with colleagues to reframe the company’s growth and investment models behind the “Better Meals Together” strategy, turning the market share trends on i...