German coffee firm gains upper hand at Beiersdorf: Tchibo, city of Hamburg agree to pay euro 4.4 billion for stake in Nivea maker
Article Abstract:
Coffee retailer Tchibo Holding AG and an investment group will jointly purchase another 40% of toiletries firm Beiersdorf AG from insurance company Allianz AG. Tchibo already holds a 30.3% stake in Beiersdorf, the maker of the Nivea product line. If approved by antitrust regulators, it will strengthen the trend in national solidarity among German firms.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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Henkel stymies P&G in its bid to acquire Wella
Article Abstract:
Procter and Gamble Co.'s acquisition bid for Wella AG has been complicated by Henkel KGaA's acquisition of a minority share in the latter. Henkel acquired 6.86% of Wella.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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P&G to buy control of Wella
Article Abstract:
Procter and Gamble Co. has reached a deal to acquire a majority share of Wella AG. The deal for 77.6% of Wella is valued at 3.2 billion euros.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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