German coffee firm gains upper hand at Beiersdorf: Tchibo, city of Hamburg agree to pay euro 4.4 billion for stake in Nivea maker

Article Abstract:

Coffee retailer Tchibo Holding AG and an investment group will jointly purchase another 40% of toiletries firm Beiersdorf AG from insurance company Allianz AG. Tchibo already holds a 30.3% stake in Beiersdorf, the maker of the Nivea product line. If approved by antitrust regulators, it will strengthen the trend in national solidarity among German firms.

Roasted coffee, Toilet preparations, Fruits and tree nuts, not elsewhere classified, Coffee industry, Beiersdorf AG, Tchibo Holding AG

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Henkel stymies P&G in its bid to acquire Wella

Article Abstract:

Procter and Gamble Co.'s acquisition bid for Wella AG has been complicated by Henkel KGaA's acquisition of a minority share in the latter. Henkel acquired 6.86% of Wella.

Chemical industry, Henkel KGAA

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P&G to buy control of Wella

Article Abstract:

Procter and Gamble Co. has reached a deal to acquire a majority share of Wella AG. The deal for 77.6% of Wella is valued at 3.2 billion euros.

Health and beauty aids, Personal care products, Hygiene products

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