P&G may get as much as $7 billion for Duracell, $3 billion for Folgers and $3.5 billion for Pringles, said Ali Dibadj, a New York-based analyst with Sanford C. Bernstein &Co.
Chief Financial Officer Clayton Daley Jr. said last month that P&G will probably divest divisions with sales-growth rates at the lower end of its target range of 4 percent to 6 percent. P&G hired Blackstone Group LP to manage auctions of Duracell, Pringles and Folgers, the Financial Times and Wall Street Journal reported.
