Hypermarcas splits diaper unit for sale in "around a year" -CEO

jueves 28 de abril de 2016 11:54 GYT

SAO PAULO, April 28 (Reuters) - The diaper unit of Brazilian consumer goods maker Hypermarcas SA should be an entirely independent subsidiary by September and could be sold within a period of "around a year," Chief Executive Claudio Bergamo told analysts on Thursday.

A string of asset sales have streamlined Hypermarcas and bolstered earnings, including a surging first-quarter profit reported on Wednesday. (Reporting by Brad Haynes and Alberto Alerigi Jr.; Editing by Chizu Nomiyama)