P&G more likely to spin off Duracell than sell; Braun, Folgers, Snacks, unlikely disposals in near term

Among P&G’s most likely candidates for disposal;Duracell, Braun, Folgers coffee and Pringles potato chips, Duracell is the most likely to go in the near future, according to three industry bankers. P&G is unlikely to dispose of Folgers coffee or Pringles potato chips anytime soon, though in the long-run these two are candidates for divestiture or a spinoff, four bankers said. P&G has not articulated a strategy for the coffee and potato chips business, though it is likely they have reviewed all the options, one of the bankers said. Pringles does well globally, and P&G might be tempted to keep it, said one banker. Three others said that in the long-run Pringles is unlikely to fit into its portfolio.
Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!
Sponsored Content
Heat and Control - Leaderboard - 20220920

Highlighted Company

Sponsored Content

Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content

Where

Sponsored Content