Neville Prior

P&G on the Disposal Trail of its Beauty Brands Supposedly

Neville Prior  9 April 2015 10:19:30 AM
Image:P&G on the Disposal Trail of its Beauty Brands Supposedly
According to an article in Bloomberg, http://www.bloomberg.com/news/articles/2015-04-08/p-g-said-to-kick-off-sale-of-beauty-brands-including-wella, P&G is set to dispose of a number of its beauty brands. The Wella business is already being touted, and the likelihood is that sale documents are winging their way to potential acquirers. According to analysts, buyers could well be European, and companies such as Henkel have been cited. Whatever the outcome, this is a big change in the beauty industry that is on the horizon.
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