Procter & Gamble bows out of Warner-Lambert, AHP deal

Article Abstract:

Procter & Gamble Co. has terminated its plans to acquire Warner Lambert Co. and American Home Products Corp. The company was influenced in its decision by a backlash by investors over a potentially expensive pharmaceutical expansion.

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P&G chief works to shore up erosion of confidence in firm's plans

Article Abstract:

CEO Durk Jager of Procter & Gamble Co. attempted to renew investor confidence in the company's plans. Procter & Gamble saw its share value drop $35.51 billion in market value on March 8, 2000.

Jager, Durk

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Bestfoods weighs deal with Unilever against Campbell bid

Article Abstract:

Bestfoods will consider either selling itself to Unilever or acquiring Campbell Soup Co. Bestfoods could be sold to Unilever for $20.5 billion (21.7 billion euros) or could acquire Campbell for a minimum of $15 billion in cash and shares.

United Kingdom, Food & Kindred Products, Food Manufacturing, FOOD AND KINDRED PRODUCTS, Food industry, Unilever Group, Bestfoods, Campbell Soup Co., BFO, CPB

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