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June 2, 2004
By: TOM BRANNA
Editor
Colgate-Palmolive Company has completion its 100% acquisition of the outstanding shares of GABA Holding AG, Switzerland, for $841 million. Included in the assets of the business acquired is $112 million of net cash. The agreement to purchase privately-owned oral care company GABA was signed and announced in December 2003.Reuben Mark, Colgate’s chairman and chief executive officer said, “We are excited to move forward on this strategically important, highly complementary business comb...
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