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I could have headed this as "SSL has been sold to Reckitt Benckiser" but it's not quite as catching a headline.


From a BBC news item:

SSL International, the maker of Durex condoms, is set to be sold to Reckitt Benckiser - the firm behind Cillit Bang cleaner and Finish dishwasher tablets.

The two companies have agreed a deal that values SSL, which also makes Scholl footcare products, at ÂĢ2.54bn.

Reckitt Benckiser, whose other brands include Nurofen and Gaviscon, said the purchase would offer a "step change" in its health division.

It added the deal would boost its business in China and Japan.

Anglo-Dutch group Reckitt will pay 1163 pence per share for SSL under the agreed takeover deal - and will also pay a final dividend due for SSL investors.

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Reference: Leroy
I just don't know what to say...
I agree - the piece of news I posted is boring in itself - I just saw an opportunity for others to make some humerous comments.

One of my clients is an elderly widow and was given 1 share in SSL. She had no idea what SSL produced until I told her and she was quite amused.
El Loro

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