Henkel CEO dampens prospects for acquisitions: paper

German consumer goods group Henkel (HEN3.DE) dampened expectations it was looking at acquisitions soon, saying the market currently offers few takeover opportunities, Handelsblatt reported, citing Chief Executive Kasper Rorsted. Rorsted's comments contrast with remarks made by Henkel's supervisory board chairwoman, Simone Bagel-Trah, who was quoted three weeks ago as saying that the time had come to focus on takeovers again. In its last major acquisition, Henkel bought National Starch in 2008 for 3.7 billion euros to expand its adhesives division.

via Business News - Yahoo Finance http://finance.yahoo.com/news/henkel-ceo-dampens-prospects-acquisitions-161314937.html