Apr. 2, 2013, 12:47 PMKimberly-Clark (KMB +1.7%) moves up after saying it's acquired the anesthesia business of Life-Tech, a Texas-based medical device manufacturer. The acquisition consists of needles, catheters and accessories associated with peripheral nerve block procedures, and the assets will become part of KMB's Health Care business and added to K-C Health Care's ON-Q family of products. | Comment!
May 10, 2012, 11:39 AMKimberly Clark (KMB) is among the tentative bidders for German bandages maker BSN Medical, which is being sold by P-E firm Montagu, Reuters reports. Kimberly's competition includes rival ConvaTec as well as P-E companies EQT and Permira, with offers ranging from €1.6B-€1.8B ($2.1B-$2.3B). | Comment!
Jul. 15, 2011, 4:50 PM
Jul. 15, 2011, 6:25 AMIcahn notes Clorox (CLX) "will not come close" to meeting sales growth forecasts of 3-5%/year. His offer is an attempt to prod CLX to pursue a deal with a "strategic buyer" (PG, UN, CL, KMB, Reckitt Benckiser, Henkel) - who Icahn believes will pay a higher price. "Quite simply, there are few strategic opportunities like Clorox." | 1 Comment
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