Kao Is ‘Best Fit’ For P&G’s Rumored Wella Divestiture – Euromonitor

If reports prove true and Wella hair care is the next brand on P&G’s chopping block, Kao would have much to gain from the acquisition while posing minimal competitive risk to P&G, Euromonitor analyst Oru Mohiuddin observes. The business could sell for upwards of $7 billion, sources told Reuters in December.