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P&G gets green light from US

P&G gets green light from US

Procter & Gamble Germany has had the green light from US
regulatory body to proceed with its acquisition of Wella. The
company will continue to pursue the necessary regulatory and
governmental approvals in other major markets...

Henkel sells Wella stake

Henkel sells Wella stake

German beauty care company Henkel has accepted a takeover offer
from US consumer goods giant Procter & Gamble for its 6.86 per
cent stake in German haircare company Wella, the company said on
Friday. P&G has been in control...


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