April 28, 2016 / 3:54 PM / in 2 years

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

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)

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