P&G to Acquire Gillette for &#36;57 Billion
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Procter &amp; Gamble Co., the leading U.S. maker of household products whose brands include Crest, Pampers, Tide and Charmin, is buying the razor and battery maker Gillette Co. for &#36;57 billion in a deal that will create the world's biggest consumer-products enterprise, the companies announced Friday.
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An investor group led by two  well-known Philadelphia-area executives could seal a deal this  week to buy the Philadelphia Inquirer and Daily News newspapers  for up to &#36;600 million, a source close to the matter said on  Monday.
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The private equity firm plans to acquire 80% of the common stock in the home appliance and consumer electronics retail chain for &#36;307 million.
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Procter & Gamble is buying razor and battery maker Gillette for about $57 billion. The stock deal would create the world's largest stable of consumer products.
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Procter &amp; Gamble Co. chairman and chief executive A.G. Lafley addressed Gillette Co. employees for the first time, a week after P&amp;G said it would acquire Gillette for $57 billion. Speaking at the shaving giant's Boston headquarters, Lafley assured employees that no decisions had been made about which jobs would be eliminated after the merger -- though he acknowledged that ...
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Procter & Gamble Co.  posted a 36  percent jump in fiscal fourth quarter profit on Wednesday, as  sales of Tide laundry detergent and other products overshadowed  inventory concerns at Gillette.
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Battery and razor maker Energizer Holdings Inc.  said on Thursday it has agreed to acquire Playtex Products Inc. , for $18.30 a share in cash plus the assumption of Playtex debt.
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Consumer-products giant Procter &amp; Gamble (PG) gave its top executive $9.83 million in stock, plus options this week, according to a regulatory filing.
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Ailing British retailer Marks and Spencer is to buy back 635 m shares -- around 27.9 pc of its issued capital -- at 362 pence following the UK&#39;s biggest ever tender offer.
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Rupert Murdoch's News Corp., moving to regain full control of its majority owned Fox television properties, is offering to buy the remaining publicly held shares of Fox Entertainment Group Inc. for stock valued at about &#36;5.9 billion.
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Arts and crafts retailer Michaels  Stores Inc.  on Friday agreed to sell itself to two  private equity groups for more than &#36;6 billion in a deal that  attracted many of the world&#039;s biggest buyout firms.
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Rural telephone company Alltel Corp.  on Monday said it would acquire Western Wireless Corp.  for &#36;6 billion in a move that will increase its customers in the Western United States and make it the fifth-largest U.S. wireless carrier.
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Rupert Murdoch's News Corp. on Monday said it would to buy out the shareholders of its unit Fox Entertainment Group Inc. in an exchange offer valued at roughly &#36;6 billion.
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British advertising firm WPP has agreed to buy smaller U.S. rival Grey Global for &#36;1.31 billion, equally divided in cash and shares, to put it on par with industry leader Omnicom.
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Five years ago, Gillette Co. soundly rebuffed a buyout offer by the much larger Procter &amp; Gamble Co. But this time around, it was James M. Kilts, the Boston shaving giant's chief executive, who proposed the acquisition.
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Oracle Corp. announced Monday that it has signed a definitive merger agreement to acquire PeopleSoft Inc. for approximately &#36;10.3 billion.
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Procter & Gamble strikes a deal to buy Gillette for $57bn (Â£30.2bn), creating the world's biggest stable of consumer brands.