News Column

Aurelius buying Scholl shoes

July 22, 2014

? German private equity firm Aurelius said yesterday it is buying Reckitt Benckiser'sScholl shoe business in its efforts to expand internationally, betting on the brand''s growth potential. Under the deal, Aurelius would acquire the international rights for the Scholl footwear business, excluding North and South America. The rights in the Americas will go to German drugmaker Bayer as part of its $14bn purchase of Merck & Co's consumer health business.

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Source: City A.M. (UK)

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