Henkel AG & Co. KGaA

M&A Activity • Feb 20, 2006

News Details

Ad-hoc | 20 February 2006 21:11

Henkel KGaA:Henkel to acquire leading deodorant brands in the USA

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— The Dial Corporation – an affiliate of Henkel KGaA – and The Gillette Company, a subsidiary of Procter & Gamble, signed a definitive agreement on February 20, 2006, under which Dial will acquire several strong antiperspirant/deodorant brands. These very well-known brands include Right Guard, Soft & Dri and Dry Idea, which Procter & Gamble was required to divest as part of the FTC Consent Decree related to the Procter & Gamble/Gillette merger. The purchase price amounts to about 420 million US dollars. Sales in 2005 of these brands amounted to about 275 million US dollars. Closing of this transaction, which is still subject to customary approval from the antitrust authorities, is expected before the end of the first quarter of 2006. (c)DGAP 20.02.2006 ————————————————————————— language: English emitter: Henkel KGaA Henkelstr. 67 40191 Düsseldorf Deutschland phone: +49 (0)211 797-3937 fax: +49 (0)211 798-2863 email: investor.relations@henkel.com WWW: www.henkel.com ISIN: DE0006048432 WKN: 604843 indexes: DAX stockmarkets: Amtlicher Markt in Berlin-Bremen, Frankfurt, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service —————————————————————————