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December 15, 2003
By: TOM BRANNA
Editor
The Dial Corp., the maker of Dial soap, Renuzit air fresheners and Armour Star canned meats, is being acquired for about $2.9 billion in cash by Henkel, a German maker of detergents, cosmetics and adhesives. The deal, announced late Sunday, would give Henkel a bigger foothold in North America and a portfolio of well known brands. It also allows Dial to become part of a larger, global operation to compete better with consumer products behemoths like Procter & Gamble and Unilever PLC.“I...
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