Procter & Gamble will acquire the consumer health business from German company Merck KGaA in a $4.2 billion deal.

The maker of Pampers diapers and Gillette razors said the deal would help it expand its portfolio of consumer healthcare products which includes Vicks cold relief. The Merck unit includes vitamin brands Femibion and Neurobion.

The deal, expected to close by June 2019

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