HENKEL TO INCREASE STAKE IN CLOROX &lt;CLX>

  Clorox Co said &lt;Henkel KGaA> of
  Dusseldorf, West Germany, agreed to increase its holdings in
  Clorox to 30 pct from the current level of 23 pct.
      Henkel, which also holds a subordinated note convertible
  into another 1.7 pct of the company's stock, intends to acquire
  the additional shares in the open market over an extended
  period of time, Clorox said.
      It also said that, for the foreseeable future, Henkel does
  not intend to increase its participation in Clorox above the 30
  pct level.
  

