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Beiersdorf Says Strong Alone, Eyes U.S. Buys

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By: TOM BRANNA

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German consumer goods group Beiersdorf insisted on Wednesday that with growth targets intact it remains strong enough to go it alone, despite persistent takeover speculation surrounding the firm.“We are clearly big enough to continue to grow more strongly than most of our competitors under our own steam,” chief executive Rolf Kunisch told shareholders at the maker of Nivea skin lotions’ annual meeting in Hamburg.Sources familiar with the talks told Reuters last month that a ten...

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