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Rumors Boost Beiersdorf Stock

Procter & Gamble is in the news again as a potential suitor.

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By: TOM BRANNA

Editor

Shares of Beiersdorf rose the most in more than four months in Frankfurt trading after Der Aktionaer magazine said that Procter & Gamble Co. may want to buy a stake in the German maker of Nivea skin creams. Beiersdorf shares gained as much as 3.3%, the steepest intraday advance since Sept. 29. The stock was up 95 cents, or 2.3 percent, at 42.46 euros as of 12:57 p.m., leading advances among the 30 companies in Germany’s benchmark DAX Index. A combination of Beiersdorf and Cinc...

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