|Day's range||106.13 - 106.13|
|52-week range||100.10 - 113.52|
|PE ratio (TTM)||N/A|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
DGAP-News: Henkel AG & Co. KGaA / Key word(s): Quarter Results11.05.2017 / 07:30 The issuer is solely responsible for the content of this announcement.
Company has been growing sales and earnings for years. Its best-known brands in the U.S. include Dial soap, All detergent and Loctite
German consumer products group Henkel has made a binding offer to buy Darex Packaging Technologies from GCP Applied Technologies for $1.05 billion. If it goes ahead, the deal would add the world's leading maker of sealants for beverage, food and aerosol cans to Henkel's adhesives division, which accounts for about half of group revenues at the maker of laundry detergent Persil, beauty line Schwarzkopf and Loctite glue. Analysts said on Thursday the price, which is on a debt and cash free basis, looked expensive at first glance, valuing Darex at around 3.5 times annual revenues or around 14 times operating profit.