YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Procter & Gamble agreed to acquire Germany-based Merck's consumer health business for roughly $4.2 billion.
The unit includes brands such as Femibion, Neurobion and Nasivin. They add to P&G's existing portfolio that includes Pampers diapers, Gillette razors and Vicks cough and cold products.
P&G separately announced plans to end its consumer care joint venture with Teva Pharmaceutical Industries, called PGT Healthcare, on July 1.
Read more from Reuters.
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