Ichan offers $12.6B to take Clorox private
New York - UPI
U.S. investor Carl Icahn offered to take Clorox private in a $12.6 billion deal, a regulatory filing indicated. In a letter sent Thursday to Clorox Chief Executive Officer Don Knauss, Icahn said the offer represents a 21 percent premium to the company's share price on Dec. 20, 2010, the day before Icahn began his investment in the company, CNNMoney.com reported. Shares of the cleaning products maker jumped 12 percent before the opening bell Friday, trading at one point to $76.50, CNNMoney said. The stock closed at $68.43 a share Thursday. Clorox competes with Procter and Gamble, Colgate Palmolive, Kimberly Clark and Johnson and Johnson in the cleaning products field.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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