Procter & Gamble buys Sara Lee's Ambi Pur business - solar powered car air freshener

I'm downgrove. —
P & G.
Acquisition of Sara Lee
The price of Ambi Pur air freshener is 0. 32 billion euros, or about $0. 47 billion.
The deal adds strength to consumers
P & G, a product giant in Europe, will supplement its Febreze collection of deodorant, which is mainly sold in North America.
Sarah Lee in downgrove is sick.
The department is being sold to focus on its main business as a food manufacturer.
Sarah Lee in the air said
In 0. 355 billion fiscal year, the annual sales of the Qingxin agent business was $2009.
"The proposed sale of our air care business is the next step in our plan, focusing on our core food and beverage business where we have a strong competitive position, and can produce Brenda C. said.
Barnes, CEO of Sarah Lee
Analysts believe the deal is a smart move for the food maker, which lags behind some of its competitors ---
In a way, due to the wide lineup of products, some people say that this makes it impossible to lead in any field.
Several analysts said it was an attractive deal.
Tim Ramey, analyst at D. A.
The only remaining hurdle, Davidson says, is if Sara Lee is able to sell the rest of her home business, including pesticides and shoe oil, for the same value.
Procter & Gamble has acquired many small businesses since it acquired Gillette.
It was $57 million in 2005.
Company leaders said the company is still interested in large and small acquisitions.
The company, which produces products such as tidal detergents and Pampers diapers, has also sold the prescription drug business, folger coffee and several smaller brands over the past two years.
P & G expects the acquisition to boost its global market position and introduce complementary products such as auto air fresheners.
The two companies said the deal is expected to end in fiscal 2010.
Cincinnati-based P & G shares rose 10 cents to $62.
Sara Lee's share price rose 2 cents to $12. 21.