Slaughter and May and Wachtell Lipton Rosen & Katz have taken lead roles on a multimillion-pound two-part deal involving Unilever and Colgate-Palmolive.

The deal will see Unilever sell its Sanex personal care brand to Colgate for €672m (£590m), while also paying $215m (£132m) for a portfolio of Colgate laundry detergent brands in Colombia.