The transaction, slated to close in the third quarter, is not expected to have an impact on the company’s 2016 sales or earnings forecasts.

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The company had lost a previous trial and faces approximately 1,200 lawsuits accusing it of not adequately warning consumers about its talc-based products’ cancer risks.

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While Jacqueline Fox’s family won $72 million in damages this week, not all plaintiffs in the 1,200 similar pending talc powder-cancer cases will be cashing in.

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