BOC expected to accept U.S.-French takeover bid

Article Abstract:

BOC Group PLC is expected to accept Air Liquide SA and Air Products & Chemicals Inc.'s joint 7.17 billion pound sterling (10.91 billion euros) offer. French-based Air Liquide and US-based Air Products have been engaged in negotiations with BOC about an offer of 14.50 pound sterling per share. The deal is expected to win the approval of BOC's board of directors. BOC is an industrial gases supplier based in Britain.

Comment:

BOC expected to accept Air Liquide and Air Product's joint 7.17 billion pound sterling (10.91 billion euros) offer

United Kingdom, France, Chemicals & Allied Products, Chemical Manufacturing, Chemicals, Abstract, Chemical industry, Air Products and Chemicals Inc., BOC Group PLC, L'Air Liquide S.A.

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Procter & Gamble and Kao in fight to the wire for Clairol

Article Abstract:

Procter and Gamble Co. is competing with Kao Corp. of Japan to acquire Bristol-Myers Squibb Co.'s Clariol haircare unit. Such a sale would raise $4 billion (4.5 billion euros) to $5 billion.

Japan, Drugs & Pharmaceuticals, Pharmaceutical and Medicine Manufacturing, Drugs, Soap, Cleaners, and Toilet Goods, Soap, Cleaning Compound, and Toilet Preparation Manufacturing, Soaps, Detergents & Toiletries, Planning, Pharmaceutical industry, Toiletries industry, Procter & Gamble Co., Consumer goods industry, PG, Soap and cleaning agents industry, Cleaning agents industry, Bristol-Myers Squibb Co., BMY, Kao Corp., Clariol (Hair preparation)

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