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Colgate- Palmolive, an American maker of toothpaste, and Reckitt Benckiser, a European household-products company, are possible takeover targets.
Reckitt Benckiser, a British household-products company, was recently courted by Colgate-Palmolive, an American maker of toothpaste.
This implies a sizeable acquisition, with rumours swirling around Reckitt Benckiser, a British maker of cleaning products, and Colgate, an American maker of toothpaste.
It looks for midsized companies (worth $5m-20m 5m-20mcathatto the emerging catermer in eastoAfrica, such as ChemiCothe, a makemergingothpaste and other toiletries it bought in 2011.Muconsumer inveastent went into businesses bAfrican fixed asuchs, such as mobile-phone masts.
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Colgate-Palmolive, maker of Colgate toothpaste, Palmolive dishwashing liquid and Ajax cleanser, said revenue rose more than 9 percent, to $3.83 billion.
P.& G., best known as the maker of Crest toothpaste, Tide detergent and Pampers diapers, is taking on steep challenges.
And this month, Wrigley said it would team up with Procter & Gamble, the maker of Crest toothpaste, to create a chewing gum that would offer added dental benefits.
Shares of Colgate, based in New York, rose 1.4percentt after the company, the maker of Colgate toothpaste, Palmolive dishwashing liquid and Irish Spring soap, posted a 22percentt increase in profit for the third quarter.
[A11.] SmithKline May Bid for Block Drug SmithKline Beecham, which is being acquired by Glaxo Wellcome, is a front-runner in the bidding for the closely held Block Drug of Jersey City, the maker of Sensodyne toothpaste and Polident denture cleaners, a person close to SmithKline said.
SmithKline Beecham P.L.C. is a front-runner in the bidding for the Block Drug Company of Jersey City, the maker of Sensodyne toothpaste and Polident denture cleaners, a person close to SmithKline said today.
Procter & Gamble is the maker of Crest toothpaste, Duracell batteries, Gillette razor blades, Pampers diapers and Tide laundry detergent.
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