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Procter & Gamble Co in collaboration with Goldman Sachs is exploring the sale of its Wella hair care business that could be worth around $7 billion, as the world's largest consumer products company streamlines its business, Reuters reports.
P&G is exploring all options for the unit, which includes a professional and a trade business. That may result in selling the whole or parts, the sources said on Friday, cautioning that no final decision had been taken.
A P&G spokesman said the company did not comment on rumor or speculation. Goldman Sachs was not immediately available to comment.
#ProcterGamble #GoldmanSach #Wella
P&G is exploring all options for the unit, which includes a professional and a trade business. That may result in selling the whole or parts, the sources said on Friday, cautioning that no final decision had been taken.
A P&G spokesman said the company did not comment on rumor or speculation. Goldman Sachs was not immediately available to comment.
#ProcterGamble #GoldmanSach #Wella
