Procter & Gamble bows out of Warner-Lambert, AHP deal
Article Abstract:
Procter & Gamble Co. has terminated its plans to acquire Warner Lambert Co. and American Home Products Corp. The company was influenced in its decision by a backlash by investors over a potentially expensive pharmaceutical expansion.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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P&G chief works to shore up erosion of confidence in firm's plans
Article Abstract:
CEO Durk Jager of Procter & Gamble Co. attempted to renew investor confidence in the company's plans. Procter & Gamble saw its share value drop $35.51 billion in market value on March 8, 2000.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Bestfoods weighs deal with Unilever against Campbell bid
Article Abstract:
Bestfoods will consider either selling itself to Unilever or acquiring Campbell Soup Co. Bestfoods could be sold to Unilever for $20.5 billion (21.7 billion euros) or could acquire Campbell for a minimum of $15 billion in cash and shares.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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