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P&G May Sell Brands

Portfolio is under review

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By: TOM BRANNA

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The Procter & Gamble Co. is reviewing its brand portfolio with an eye toward possible sales of some businesses, its chief executive told shareholders Tuesday at its annual meeting. “We’ll continue to shift P&G’s portfolio toward fast-growing, high-margin businesses,” said A.G. Lafley, chairman and chief executive officer. However, Lafley wouldn’t say which, if any, of the consumer products company’s brands could wind up on a departure list. &#8220...

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