Professionals
Find out about job opportunities and connect with CPG colleagues & contacts.
Join Today... It's free!
Already a member?
Employers
Find CPG talent in one easy place. Post jobs, create a company profile and more.
Already a member?
LOGIN / REGISTER
Join Today... It's free!
Already a member?
Please Login to Continue:

Procter & Gamble to sell beauty brands | Canadian Grocer

Post Response | Subscribe to Story

Displaying Stories 1 - 1 of 1.
first | previous | 1 | next | last

CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in July
By Associated Press | July 09, 2015

Coty is buying 43 beauty brands from Procter & Gamble Co., including Miss Clairol, Covergirl and Max Factor.

P&G, maker of Tide laundry soap, Crest toothpaste and a multitude of other products, said Thursday that it puts the deal’s value at about $15 billion. That includes stock valued at about $13.1 billion and $1.9 billion in debt, but the debt could range between $1.9 billion and $3.9 billion.

http://www.canadiangrocer.com/top-stories/procter-gamble-to-sell-beauty-brands-55502
 

Post Response