KCRPY
Kao Corp. ADROTCPK - Current
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  • Apr. 8, 2015, 11:17 AM
    • Procter & Gamble (PG +0.4%) has started the process to take offers for its Wella haircare business, sources tell Bloomberg.
    • The sale of the unit could fetch as much as $19B in one deal or several piecemeal transactions.
    • Henkel (OTCPK:HENKY, OTCPK:HENOY), OTC:HELKF, Revlon (REV +1%), Unilever (UL -0.1%), Coty (COTY -1.2%), and Kao Corp. (OTC:KAOCF, OTCPK:KCRPY) are reported to be in the running.
    • P&G in the midst of a large brand-shedding initiative which is expected to leave it leaner and more efficient.
    | Apr. 8, 2015, 11:17 AM | 8 Comments