Rothschild has advised Henkel, the German consumer goods group, on the sale of its 29.2% stake in Clorox, the US consumer goods group, bringing its dealflow from the company to $5bn (€4bn) in the past year.

The deal is Rothschild's second big M&A mandate following its role as sole adviser to Henkel on its $2.9bn purchase of Dial, the US detergent producer, last December.