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Consumer Goods Robert McDonald

  • Feb 14- Trian Fund Management LP disclosed a $3.5 billion stake in Procter& Gamble Co on Tuesday, taking aim at the maker of Pampers diapers as it moves to boost sales and shed unprofitable brands. But with a market value of $225 billion, Cincinnati's P&G remains an industry behemoth that Trian will likely want to shrink even further. "could argue that the brand sales......

  • Feb 14- Trian Fund Management LP on Tuesday disclosed that it bought a $3.5 billion stake in Procter& Gamble Co, making it the second activist shareholder to take aim at the consumer products giant in the last five years. Cincinnati, Ohio- based P&G, maker of Tide detergent, Gillette razors and Crest toothpaste, is a $225 billion behemoth whose stock price has hardly...

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  • NEW YORK, Oct 1- Hedge fund manager William Ackman is blaming Procter& Gamble's top management for the consumer products company's problems, but said he understands the board wants to give the CEO more time to repair years of damage.

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