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Will focus on shoring up biggest markets.
May 23, 2012
By: TOM BRANNA
Editor
Apparently, it’s no so easy to touch more people’s lives in more parts of the world more completely. That’s been Bob McDonald’s mantra since taking the helm at P&G in 2009. But new realities have the company focused on Old World markets and the US. P&G said today it would stop spending money on further expansion in emerging markets until it stabilizes its largest and most profitable businesses, putting on hold a key priority of Chief Executive Bob McDonald....
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