Business Services Industry

Reports claim P & G might spin off Folgers

Automatic Merchandiser, Feb 2008

Procter & Gamble Co. might spin off, instead of sell, its Folgers coffee business, according to media reports citing unidentified sources. Reports said P&G, which has said it is exploring sales of slower-growing brands, was interested in a spinoff for tax reasons.

Copyright Cygnus Business Media Feb 2008
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