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Colgate India to make CC Health Care whollly owned subsidiary

Colgate Palmolive (India) Ltd said on 29 March it has acquired a 25 percent stake in CC Health Care Products Ltd for INR69.1 lakh (INR6.91 million, USD155,973).

Colgate, which had held a 75 percent share in the firm, will make it a wholly owned subsidiary from the day of the announcement, it said in a statement to the Indian stock exchange.

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(Source: Business Standard)