Procter & Gamble Co T.PG

Primary Symbol: PG Alternate Symbol(s): N.PG

Consumer Defensive Household & Personal Products

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax, Bounty and others.

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Procter & Gamble Co > I am OUT!

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Comment by MudCreekeron Nov 10, 2018 1:07pm

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Post# 28955182

RE:RE:RE:RE:RE:RE:RE:RE:RE:I am OUT!

The news release about Valcambi buying Republic was dated Oct. 29. They filed for (link) bankrucy protection Nov. 2. In those filings Pemier was listed as a creditor (trade debt) for $5.5 million (link).

Usually trade debts get fully or partially wiped out in Chapter 11, which would benefit Valcambi if they wind up buying Republic out of bankrupcy as opposed to buying them out without going through Chapter 11. Doesn't look good for Premier to me.

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