Mars Inc. announced on Wednesday that it would acquire the pet care brand names of Procter&Gamble in a deal valued USD2.9 billion, reported Reuters.
Tags: P&G
P&G Sources More Steel from India for Gillette Razor to Counter Rising Tariff Costs
P&G shifts steel sourcing to Indian manufacturer Jindal to avoid tariff-related cost hikes, aiming to reduce expenses and maintain competitiveness in the razor market.
Unilever, P&G Could Face Rising Supply Costs Under Trump's 25% Mexico Tariff Threat
Trump's proposed 25% tariff on Mexico could raise supply costs for major companies like Unilever and P&G, impacting U.S. consumers' prices.
Diaper wars: Kimberly to take on P&G through innovation, higher ad spend
Kimberly-Clark Corp (KMB.N) is set to increase advertising and promotional spending for its diapers and launch new products in an escalating war with bigger rival Procter and Gamble Co (PG.N) in North America.
P&G exploring sale of $7 billion Wella hair care unit - sources
Procter & Gamble Co (PG.N) is working with Goldman Sachs (GS.N) to explore the sale of its Wella hair care business that could be worth around $7 billion, sources familiar with the matter told Reuters, as the world's largest consumer products company streamlines its business.
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New York, US-based brand advocacy startup Crowdtap picked up $5 million in a Series B funding round led by Foundry Group to continue inspiring its customers to create quality promotional content on blogs and social media sites.
Boston, US-based social advertising and marketing startup Moontoast announced that it has raised $4.5 million as extension to its Series B financing round for its expansion and platform development.
The Procter & Gamble Company voluntarily recalled some lots of its Eukanuba and Iams dog and cat foods for possible Salmonella contamination.
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