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
You may also be interested in...
P&G $57 Bil. Gillette Acquisition Creates 21 Billion-Dollar Brand Portfolio
Procter & Gamble will acquire Gillette in a stock transaction valued at $57 bil., creating a consumer products powerhouse with combined sales of over $60 bil. and a portfolio that includes 21 billion-dollar brands, the two firms announced at a news conference in New York City Jan. 28
OCA Applauds Organic Board's Recommendation To USDA: "Outlaw Nanotech"
With a push from the Organic Consumers Association, the National Organic Standards Board is recommending that the use of nanotechnology be strictly prohibited from products certified under the National Organic Program