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P&G still has cash. (Nonwovens News).

Following a spurt of acquisitions in the personal care segment, Procter & Gamble, Cincinnati, OH, has between $8- 10 billion left for future acquisitions, according to reports. In an interview published recently in the French newspaper La Tribune, P&G chairman Alan Lafley said the group has undergone most of the divestments considered necessary and its external growth strategy will be focused around beauty and health. This year, the company has purchased the Clairol hair care line and the Lacoste perfume brand.
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Title Annotation:Procter and Gamble
Publication:Nonwovens Industry
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2002
Words:81
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