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P&G/Gillette Combination To Yield Synergies Of $14 Bil.-$16 Bil.

This article was originally published in The Rose Sheet

Executive Summary

Procter & Gamble expects the acquisition of Gillette to yield revenue and cost synergies totaling $14 bil.-$16 bil. annually by leveraging P&G's organizational structure, removing duplicate costs and driving efficiencies, Chief Financial Officer Clayton Daley stated. The two firms announced the $57 bil. acquisition, the largest in P&G's history, during a news conference in New York City Jan. 28

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