Home >> M & A >>
Tuesday, April 5, 2011 - 18:22 IST
Diamond Foods Buys Pringles From P&G For $1.5 billion
With the sale of the snacks business, P&G will focus on its cosmetics and healthcare units.
Diamond Foods Inc will buy Pringles from Procter & Gamble Co for $1.5 billion in stock, snagging a global brand that will more than triple the size of its snack foods business.
Pringles, known for its potato chips...
Already registered? Login
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.