Berlin — Sweetening the pot by about $87 million in the face of mounting shareholder dissatisfaction, Procter & Gamble has raised its offer for Wella AG preferred shares by $3.85 to $71.50.

In a statement, P&G said: "Following discussions with the Wella executive board, and in anticipation of its support, P&G has increased the offer for the [preferred] shares."

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