henkel ag & co kgaa vorzug (HENOF) Key Developments
Henkel & Co, Revlon And Coty Reported Mulls Acquisition Of Beauty Business of Procter & Gamble Co
Apr 15 15
Henkel AG & Co. KGaA (DB:HEN3), Revlon, Inc. (NYSE:REV) and Coty Inc. (NYSE:COTY) are reportedly seeking acquisition of beauty business of The Procter & Gamble Company (NYSE:PG). “The three companies are working with investment banks ahead of a first-round bid deadline set for next week,” the sources said on April 15, 2015. “Henkel is interested in buying P&G's haircare business, which includes the Wella and Clairol brands, the sources said,” declining to be named because the matter is private. “Revlon is eying P&G's cosmetics business, which includes drugstore brands CoverGirl and Max Factor. Coty, which makes perfume for fashion brands Calvin Klein and Marc Jacobs and owns nail polish brand OPI and Rimmel mascara, is likely interested in P&G's fragrance unit, though it could also look at buying P&G's cosmetics business as well,” the sources said.
Procter & Gamble Reportedly Seeks Buyer For Wella Brand
Apr 9 15
The Procter & Gamble Company (NYSE:PG) is looking for buyer for Wella brand, sources say. Procter & Gamble is soliciting bids on its Wella salon brand, its fragrance business and unnamed cosmetics brands. Sources told Bloomberg news service that P&G is looking to sell them together or individually and could reap up to $19 billion. P&G officials declined to comment on April 8, 2015. Procter & Gamble has reached out to potential buyers including Henkel AG & Co. KGaA (DB:HEN3), Revlon, Inc. (NYSE:REV), Unilever plc (LSE:ULVR), Kao Corporation (TSE:4452) and Coty Inc. (NYSE:COTY), Bloomberg said.
PG To Sell Its Beauty Brands
Apr 8 15
The Procter & Gamble Company (NYSE:PG) is looking to sell its Wella hair care unit, cosmetics brands and its fragrance business, people familiar with the matter said. P&G has sent out sale documents to potential bidders Henkel AG & Co. KGaA (DB:HEN3), Revlon, Inc. (NYSE:REV), Unilever plc (LSE:ULVR), Kao Corporation (TSE:4452), Coty Inc. (NYSE:COTY), the people said. Officials at P&G, Henkel, Revlon, Coty and Kao declined to comment. Unilever didn’t immediately respond to requests to comment.
Henkel AG & Co. Kgaa Launches New Temperature Stable Solder Paste Material
Apr 3 15
Henkel AG & Co. KGaA has announced the launch of Loctite GC 10, its new temperature stable solder paste material. The game-changing formulation, Loctite GC 10, is temperature stable at 26.5°C for one year and stable at temperatures of up to 40°C for one month, which affords exceptional performance throughout the logistics and operations chain - from shipping/receiving to printing and reflow. In process, Loctite GC 10 offers significant improvements over conventional solder paste materials. As compared to traditional materials which average abandon times ranging from 1 to 4 hours, the halogen-free, lead-free, temperature-stable Henkel formula enables abandon times of up to 24 hours and has a startup time of zero. Stabilized and consistent print transfer efficiency, an expanded reflow window and increased activity for better results with soak temperatures between 150°C and 200°C, make Loctite GC 10 incomparable among other paste materials. The solder system's stability on the line allows for significant cost savings with on-line paste utilization of more than 95%. The reductions in solder-related defects achieved with Loctite GC 10's process performance result in higher yields and improved profitability. Not only will manufacturers realize process improvements and cost reductions due to Loctite GC 10's unmatched performance, but will also experience resolution to long-standing logistics and storage challenges. The temperature stability of the product eliminates the requirement for cold packing, overnight shipping and refrigerated storage. Packaging and shipping costs are reduced and energy consumption within the factory is decreased. Having been trialed at numerous customers worldwide, the results of the material's performance indicate future commercial success with widespread integration into electronics manufacturing operations worldwide.
Henkel AG & Co. KGaA - Shareholder/Analyst Call
Mar 4 15
Annual general meeting and extraordinary meeting for preferred shareholders 2015