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P & C expands tissue business into Mexico

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Published in issue 31/1997
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US tissue products group Procter & Gamble (P & C) announced that it has reached an agreement in principle with Grupo Carso, a major Mexican holding company, to purchase Loreto y Pe¤a Pobre, a tissue products company based in Mexico City, for approximately $170m. Under the agreement, Procter & Gamble obtains Lypps, ...

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