March of 2003 Acquisition announced on March 18th, 2003
P&G Stock did indeed rise at the same time as the Wella acquisition was announced on March 18th, 2003. However P&G underperformed vs. the Dow Jones Index during the week of the acquisition (see below). It was generally felt P&G had paid too high a premium, and this reflected negatively on P&G Stock. This was further compounded when P&G had to raise its bid in an attempt to squeeze out the remaining stockholders. To this day, Wella remains an unsatisfactory acquisition for P&G. The Wella business has declined significantly, and has yet to reach pre-acquisition levels. One key reason for this is P&G's inability to integrate employees from outside into its own culture, frequently treating acquired employees as second class citizens. Of the ~ 17.000 Wella employees in 2003, it is estimated that less than 2.000 are left within P&G, largely in production and non-management roles. Closing prices in New York .......................P&G.....Dow Jones 14th Mar 03: 83,40 ... 7.859 17th Mar 03: 85,50 ... 8.141 18th Mar 03: 86,62 ... 8.194 19th Mar 03: 87,92 ... 8.265 20th Mar 03: 88,00 ... 8.286 21st Mar 03: 88,80 ... 8.522 Growth:..........5,5% ... 8,4%
AG = Aktiengesellschaft
If Ag+ is converted to Ag, it has gained electrons. Ag+ indicates that silver has lost one electron, so when it is converted back to Ag, it means that electron has been gained back.
Ag is the symbol for the element silver.
AG stands for Aktiengesellschaft = stock corporation.
Ag is the chemical symbol of silver.
280g Ag
Chemical symbol for silver is Ag.
Ag is the chemical symbol for silver, which is an element. It is not a compound.
Ag GA, Ag south, and Ag southwest.
AG is the German acronym for the expression stock company (Aktien Gesellschaft)
The chemical symbol for silver is Ag.