Company News, Financial News

P&G, Gillette Selling Right Guard, SpinBrush

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By: TOM BRANNA

Editor

The Right Guard deodorant business, which is operated by The Gillette Co., is being put up for sale, according to industry reports. Procter & Gamble Co. is putting the business up for sale to win approval for its $57 billion purchase of the Boston-based Gillette. Gillette manufactures Right Guard, which has annual sales of about $150 million. The sale of the business is slated for this month and is expected to sell for $225-$300 million. A P&G spokesman could not comment on the repo...

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