Procter And Gamble Extends Health Focus With Wonderbelly Acquisition
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Procter & Gamble (NYSE:PG) has agreed to acquire Wonderbelly, a "free from" digestive wellness brand. The deal expands P&G's personal health care portfolio with a focus on digestive health and cleaner-label products. The move reflects P&G's push to broaden its presence in consumer health and wellness categories. With a current share price of $149.9, Procter & Gamble sits in the large cap consumer staples space while leaning further into health care through this Wonderbelly acquisition. The...
📄 Summary
Procter & Gamble (NYSE:PG) has agreed to acquire Wonderbelly, a "free from" digestive wellness brand. The deal expands P&G's personal health care portfolio with a focus on digestive health and cleaner-label products. The move reflects P&G's push to broaden its presence in consumer health and wellness categories. With a current share price of $149.9, Procter & Gamble sits in the large cap consumer staples space while leaning further into health care through this Wonderbelly acquisition. The...