P&G Sale Fits Strategy
The Associated Press
Cincinnati-based Procter & Gamble Co. has been selling slower-growth brands to focus more on consumer businesses it thinks has higher potential. Some examples from the past year: SOLD: Prescription drug business to Warner Chilcott PLC Noxzema skin care brand to Alberto-Culver Co. Folgers coffee to J.M. Smucker Co. BOUGHT: Zirh, an upscale men's skin care line The Art of Shaving, high-end men's grooming Carnett's car washes, for rebranding as Mr. Clean car washes ON THE BLOCK? Other major brands analysts think P&G brands could sell include: Braun appliances Duracell batteries Pringles snacks- Loading Comments...
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