P&G Will Take Up to $2.5 Billion in Charges for Restructuring, Gillette Impairment – Investopedia

Key Takeaways Procter & Gamble Co. (P&G) will take up to $2.5 billion in charges for a restructuring along with an impairment related to its Gillette business. The consumer products company said the restructuring would take place primarily in certain of its enterprise markets, including Argentina and Nigeria. Procter & Gamble warned that while the…

Procter & Gamble (PG) announces limited market portfolio … – StreetInsider.com

Procter & Gamble (NYSE: PG) disclosed: The Procter & Gamble Company (the Company) announced today a limited market portfolio restructuring of its business operations, primarily in certain Enterprise Markets, including Argentina and Nigeria, to address challenging macroeconomic and fiscal conditions. In connection with this announcement, the Company expects to record incremental restructuring charges of $1.0…

Sumitomo Chemical to Exit the Cyclohexanone Business … –

Sumitomo Chemical to Exit the Cyclohexanone Business:Accelerating Business Restructuring as Part of Its Short-Term Intensive Performance Improvement Measures Dec. 4, 2023 Sumitomo Chemical has decided to close down its production facilities for cyclohexanone (also known as anone) at its Ehime Works located in Niihama City, Ehime, Japan and exit the business. The closure of the…