The acquisition enables P&G to add to its portfolio of existing consumer healthcare capabilities and brands such as Vicks, Metamucil, Pepto-Bismol, Crest and Oral-B.
Reuters
Updated:April 19, 2018, 10:44 AM IST
Representative image (Reuters)
New York: Procter & Gamble Co said on Thursday it has signed an agreement to acquire the consumer health business of German pharmaceuticals company Merck KGaA for about 3.4 billion euros ($4.21 billion).
The acquisition enables P&G to add to its portfolio of existing consumer healthcare capabilities and brands such as Vicks, Metamucil, Pepto-Bismol, Crest and Oral-B.
Also Watch
Karnataka Election 2018: The Good, The Bad and The Tainted Candidates
Wednesday 18 April , 2018 The Rape and Murder Of A Young Girl Has Shocked Pakistan
Tuesday 17 April , 2018 Mahesh Manjrekar Up & Close | Talks About Hosting Bigg Boss Marathi
Tuesday 17 April , 2018 Commonwealth 2018: A Look Back at India’s Journey in Gold Coast
Tuesday 17 April , 2018 Toyota Yaris Review (First Drive) : Honda City, Maruti Suzuki Ciaz, Hyundai Verna Rival
| Edited by: Nitya Thirumalai
Source: News18