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Unilever Should Buy Colgate-Palmolive, ING Says 2014-03-27 14:04:56.268 GMT
By Gaurav Panchal March 27 (Bloomberg) -- Unilever should be much bolder in putting its “lazy” balance sheet to work, ING says. * A bid at 20% premium to Colgate’s March 26 close ($64.27) is very doable: ING * Unilever expected to have very slow start to year; its cash flow, underleveraged balance sheet are becoming focus for investors: ING * Colgate-Palmolive trades as much as 2.5% higher, vol. 58% of 3-mo. daily avg.
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To contact the reporter on this story: Gaurav Panchal in London at +44-20-7392-0511 or gpanchal2@bloomberg.net
To contact the editor responsible for this story: Brian Lysaght at +44-20-7330-7908 or blysaght@bloomberg.net