Boots to buy Clearasil brand for $340 million

Article Abstract:

Boots PLC has reached an agreement to acquire Procter and Gamble Co.'s Clearasil brand. Boots will pay $340 million (400 million euros) for the acne-treatment brand.

Drug stores and proprietary stores, Pharmacies and Drug Stores, Soap, Cleaners, and Toilet Goods, Drug Stores, Management, Drugstores, PG, Boots Company PLC, Clearasil (Medication)

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Canandaigua acquires 8 brands from Diageo PLC

Article Abstract:

Diageo PLC has sold off eight Canadian whiskey brands to Canandaigua Brands Inc. in a $185.5 million transaction. Diageo is the largest spirits company in the world. The sell-off was designed to reduce Diageo's large liquor brand portfolio. The deal also represented the company's first voluntary selling of brands since Diageo was established over a year ago. The Black Velvet brand is one of the brands being sold to Canandaigua.

Comment:

Diageo sells off eight Canadian whiskey brands to Canandaigua Brand

Beverages, Beverage Manufacturing, Distilled and blended liquors, Liquor, Distilleries, Bottled Whiskey, Beverage industry, Abstract, Whiskey, Diageo PLC, Canandaigua Brands Inc., Liquor industry

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Procter & Gamble will buy Iams and aim to expand its global sales

Article Abstract:

Procter & Gamble Co. (P&G) has reached an agreement to purchase Iams Co. for $2.05 billion (1.91 billion euros). Under the terms of the deal, P&G will assume debts of $250 million. According to P&G's chief executive officer Durk Jager, Iams is a good match for his company. P&G possesses expertise in the health and nutrition industries. Iams will benefit from P&G's presence internationally.

Pet Food, Animal Food Manufacturing, Pet supplies industry, Iams Co.

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