Kao Eyes Clorox Acquisition - Report
August 05 2011 - 7:11AM
Dow Jones News
Consumer products company Kao Corp. (KCRPY) is eyeing Clorox Co.
(CLX) but hasn't submitted a bid, the New York Post reported late
Thursday on its website, citing an unnamed source familiar with the
situation.
"They are concerned about not having scale in the U.S.," the
source was quoted as saying.
Kao couldn't be reached for comment, the report said.
Full Story:
http://www.nypost.com/p/news/business/clorox_japan_scenario_l1qnqRmHSqFnhv8iykJTgP#ixzz1U9HbnyHw
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