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Church & Dwight Acquires

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By: TOM BRANNA

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● Church & Dwight Co. has agreed to buy the U.S. and Canadian oral care brands of Unilever NV for $104 million, plus additional performance-based cash payments of between $5 million and $12 million at a later date, company executives said. The businesses, which include Mentadent, Pepsodent and Aim, and the exclusive licensing rights to Close-Up toothpaste, posted sales of $61 million during the first half of 2003. Unilever put the brands up for sale as part of its strategy to f...

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