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April 7, 2003
By: TOM BRANNA
Editor
Consumer goods giant Procter & Gamble is looking for acquisitions but does not want to fuel growth via hostile takeovers, chairman and chief executive Alan Lafley said on Monday. He declined comment when asked if the maker of consumer products including Pringles crisps, Crest toothpaste and Pampers nappies would be interested in acquiring German consumer goods firm Beiersdorf, which makes Nivea skin products. German insurer Allianz AG is looking to sell its 44% stake in Beiersdorf.“I ...
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