P&G to separate its coffee business
The coffee unit had sales of about $1.6 billion and operating income of about $ 350 million in fiscal 2007.
Procter&Gamble Co. is planning to
split off its Folgers coffee business into a free-standing company,
the move follows months of speculation that Folgers would either be
sold or spun off.
Related news
More related news >
Related news
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas…
Read more >The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >