Proctor & Gamble (PG)

Proctor & Gamble (PG)

PG has received approval from EU antitrust regulators for the 3.4 billion Euro acquisition of Merck’s consumer health unit.

The takeover - announced back in April - will add the Seven Seas, Femibion, Nasivin, and Kyatta brands to a portolfio that includes Pampers diapers and Gillette razors, while boosting its presence in Latin America and Asian markets.

The deal is expected to close by year end.