Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue October 2014
 •  L'Oréal USA To Buy Carol's Daughter  •  Industry Remembers Oscar de la Renta  •  Dr. Bronner's Major Ad Buy  •  Brilliant Group Opens California Facility  •  Satisfaction with Household Products Drops in Annual Survey
Print

Colgate Missed Out on Gillette Deal



Published October 31, 2005
Related Searches: industry financial colgate share
Post a comment
Gillette held merger talks with Colgate-Palmolive, a rival consumer goods company, about four months before approaching Procter & Gamble, the industry titan that later acquired Gillette for $58 billion.
According to The Financial Times, Colgate’s failure to negotiatie last year could represent one of the greatest missed opportunities in the industry’s recent history, as its fortunes subsequently took a turn for the worse.
In September, Colgate-Palmolive issued its first profit warning in more than a decade, leading to a sharp fall in its share price.


blog comments powered by Disqus