Procter & Gamble Likely to Get OK...

Procter & Gamble Likely to Get OK to Buy German Firm: The European Commission is expected to clear plans by Procter & Gamble Co. to buy hygiene products firm VP-Schickedanz following changes in the deal that make it compatible with competition rules. Competition Commissioner Karel Van Miert recommended to his fellow commissioners that the operation be allowed to go through, a senior commission official said. Van Miert and his staff had as recently as Monday planned to recommend rejection of the deal on the grounds that it would create a dominant position in Germany and Spain in the sale of sanitary towels.