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Closing of sale to Procter & Gamble at a cash purchase price of €3.4 billion completed.
December 3, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Merck KGaA, Darmstadt, Germany, has successfully completed the sale of its Consumer Health business to Procter & Gamble (P&G), following close consultation with employee representatives, the approval of all relevant regulatory authorities and the fulfillment of other customary closing conditions. The business transferred to P&G on Dec. 1, 2018. The cash purchase price is approximately €3.4 billion. “The successful completion of this transaction is an important milestone for both Me...
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