IIPM-PRESS RELEASE
US anti-trust authorities have given the go-ahead to Cincinnati- based Procter & Gamble for its $57 billion acquisition of Boston shaving giant Gillette, which would create the world’s largest consumer products company. The Federal Trade Commission’s a p-proval comes with a stipulation that Gillette divest its overlapping products – Right Guard men’s anti-perspirant deodorant and Rembrandt athome tooth-whitening brands.
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Source IIPM-Editorial,2006
