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According to Bloomberg report.
March 17, 2015
By: TOM BRANNA
Editor
Activist investors have pressed Procter & Gamble to unlock the value of its share price by spinning off its beauty unit. That day may be near. According to a Bloomberg report, P&G is exploring a sale or initial public offering of some of its beauty brands in a single deal. However, P&G spokesman Paul Fox said the news was pure speculation and declined to comment further. In August, P&G said it plans to sell about 90 to 100 brands with declining sales, focusing instead on...
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