London: In what could be one of the biggest deals in the global FMCG sector, consumer goods giant Procter & Gamble is rumoured to be lining up a 38 billion pounds bid for its biggest rival Unilever.
Wild rumours are doing the rounds that Procter & Gamble (P&G) could make a mega offer for Unilever, according to British publication Daily Mail.
There are "wild rumours from across the pond that Procter & Gamble could be lining up a mega 38 billion pounds or 30 pounds a share break-up bid for one of its biggest rivals (Unilever)," the report said.
"As sceptics quickly said that anti-trust authorities would not take kindly to such a deal, they heard whispers that P&G has apparently already lined up buyers for parts of Unilever it does not want or would have to sell to placate competition authorities," it noted....more
11:07 AM, Jun 02, 2011
The second warm-up game of the England on their forthcoming tour to India has been shifted from the Mumbai Cricket Association's Bandra Kurla Complex (BKC) ground to D Y Patil stadium in Navi Mumbai. Announcing this here at a media conference, MCA president Ravi Savant said, "We met BCCI president N Srinivasan this morning and he has agreed to our request to shift the second warm-up game of England...
12:28 PM, Jul 08, 2008