Schering Cost Cuts Run Deep: Consumer Health Unit In Danger Of Divestiture?
This article was originally published in The Rose Sheet
Executive Summary
Schering-Plough will retain its Consumer Health Care business in the near-term but may choose to sell the unit as it undertakes a broad restructuring plan that includes an unprecedented dividend slash to cut costs
You may also be interested in...
Alberto-Culver Consumer Product Sales Boosts Firm’s Stock 15% In Q3
Double-digit net sales growth in Alberto-Culver's Consumer Products Worldwide unit despite stiff competition in the hair care segment helped drive the firm's stock 15% to 58.82 in the third quarter
Alberto-Culver Consumer Product Sales Boosts Firm’s Stock 15% In Q3
Double-digit net sales growth in Alberto-Culver's Consumer Products Worldwide unit despite stiff competition in the hair care segment helped drive the firm's stock 15% to 58.82 in the third quarter
Schering Taps Former AHP Exec Barshay To Head Consumer Health Care Unit
Schering-Plough appointed former American Home Products Senior VP Stanley Barshay as chairman of its Consumer Health Care division effective July 7