News: Procter & Gamble Co (PG)

PG on New York Consolidated

79.56USD
25 Jul 2014
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Wed, Jul 23 2014

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U.S. Senate panel unanimously approves Veterans Affairs nominee

WASHINGTON - Bob McDonald, President Barack Obama's choice to run the Veterans Affairs Department, looked set for an easy Senate confirmation after the Senate Veterans Affairs Committee unanimously approved his nomination on Wednesday.

UPDATE 1-Bayer broadens healthcare line by keeping Merck's consumer brands

* Coppertone, Dr. Scholl's draw interest after $14 bln deal

CORRECTED-Bayer broadens healthcare line by keeping Merck's consumer brands

(Corrects fourth paragraph to read "portfolio acquired from Merck", not "portfolio acquired by Merck")

Obama to nominate former P&G CEO Bob McDonald as veterans secretary

WASHINGTON - President Barack Obama has chosen former Procter & Gamble Chief Executive Bob McDonald, an Army veteran, as his nominee to be the next secretary of veterans affairs, a senior Obama administration official said on Sunday. | Video

Obama to nominate former P&G CEO Bob McDonald as veterans secretary

WASHINGTON - President Barack Obama has chosen former Procter & Gamble Chief Executive Bob McDonald, an Army veteran, as his nominee to be the next secretary of veterans affairs, a senior Obama administration official said on Sunday.

Germany's Henkel expands laundry brands with $1.3 billion French deal

FRANKFURT/LONDON - Henkel & Co plans to buy French household cleaner maker Spotless, for 940 million euros ($1.28 billion) cash, its second purchase in a week as the German consumer goods company builds its presence in large, profitable, mature markets.

UPDATE 2-Germany's Henkel expands laundry brands with $1.3 bln French deal

* Both deals expand position in existing categories, markets (Adds details on BC Partners, background, context, byline)

UPDATE 3-Bayer wins Merck & Co's $14 bln consumer unit auction

* Bayer to become OTC drug market's second biggest operator

REFILE-Bayer nears deal to buy Merck consumer unit -sources

LONDON/NEW YORK, May 1 - German drugmaker Bayer AG is nearing an agreement to buy Merck & Co Inc's consumer healthcare unit, people familiar with the matter said, in a deal that could value the business at around $14 billion.

Bayer nears deal to buy Merck consumer unit: sources

LONDON/NEW YORK - German drugmaker Bayer AG is nearing an agreement to buy Merck & Co Inc's consumer healthcare unit, people familiar with the matter said, in a deal that could value the business at around $14 billion.

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