This report is based on the following requirement -
P&G – Divestment of Pringles to the Kellogg Company
Procter & Gamble Company announced an agreement to divest its Snacks business to The Kellogg Company in a $2.7 billion all-cash transaction in 2012. P&G’s Chairman said: “this is an excellent development for P&G, Pringles and Kellogg, creating value for our shareholders and representing a.....