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Jeremy M. Levin, the chief executive of Teva Pharmaceuticals, the largest global maker of generic drugs, agreed.
The purchase will allow Rayovac, which owns the United Pet Group in North America, to become a top global maker of pet supplies.
Figures from Nielsen/NetRatings show that Microsoft was the top global maker of media players as of January, with a 50percentt market share.
Three people with knowledge of the matter said last week that Mahindra was willing to pay as much as $400 million to acquire a majority stake in Ssangyong as it sought to become a major global maker of sport utility vehicles.
Page B1 Obituaries ROBERT W. GALVIN, 89 He took the reins of Motorola from his father and built a family-run business that pioneered Depression-era car radios and wartime walkie-talkies into a global maker of color television sets, cellphones and other ubiquities of the electronic age.
Robert W. Galvin, who took the reins of Motorola from his father and built a family-run business that pioneered Depression-era car radios and wartime walkie-talkies into a global maker of color television sets, cellphones and other ubiquities of the electronic age, died early Tuesday in Chicago.
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Gartner says four of the 10 largest global makers are now Chinese.
Dow has long been among the largest global makers of commodity chemicals such as those used to make plastics, but that business is typically cyclical and yields thinner margins than specialty chemicals.
However, supporting the formation of a global car maker with the German government's credit guarantees may enrage other German car makers, such as the VW Group, BMW and Mercedes-Benz.
Earlier reports said that Bestfoods had approached Diageo, another global food maker.
Facebook would not be going after Apple or Google in this respect but taking market share from Nokia, which was the leading global phone maker for some time.
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