Rumor has it that Colgate (CL) is interested in acquiring Unilever. This rumor does not make a lot of sense, due to the fact that Unilever’s market cap is nearly three times that of Colgate’s. Colgate would have to team up with a private equity firm to make this deal happen or purchase just a section of the company (personal care business estimated at $35b).
Unilever appears to be a strong company with many attractive and appealing brands in its arsenal.
Disclosure: buying UN long on dips