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Our Bureau

New Delhi , July 4

FMCG company Procter & Gamble India Holdings has acquired 41.02 per cent stake held by Gillette Company US in Gillette India Ltd, following the global acquisition by P&G of Gillette, last year. GIL in a communiqué to the National Stock Exchange said: "Procter & Gamble India Holdings, BV, Netherlands, has acquired 1.33 crore shares aggregating to 41.02 per cent of the total paid-up capital of Gillette India Ltd on June 29."

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