1. Pink Sheet
  2. >>Geography
  3. >>Asia
  4. >>China

Batteries Not Included: P&G Plans Duracell Divestiture

 
• By Eileen Francis

The firm’s plan to splin off or otherwise divest Duracell raises the question of whether billion dollar brands could follow. Separately, the firm confirms that Melanie Healey, North America head of operations – previously seen as a potential candidate to succeed current CEO A.G. Lafley – will retire in June 2015.

Procter & Gamble Co.announced it will exit the Duracell business in the second half of its fiscal year 2015, stirring up investor concerns that the firm will shed other billion dollar brands in its ongoing streamlining.

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Pink Sheet for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from China

More from Asia