Procter & Gamble is set to acquire dietary supplement brand Thorne for $3.8 billion, a move aimed at expanding its health care segment. This acquisition adds Thorne to P&G's existing portfolio of health and wellness brands, which includes Metamucil, Align, and New Chapter. The deal is expected to be officially announced soon, signaling a significant strategic expansion for the consumer goods giant. AI
RANK_REASON Acquisition of a notable brand by a major consumer goods company. [lever_c_demoted from significant: ic=1 ai=0.0]
- Align
- CITIC Securities
- Metamucil
- Oral-B
- Procter & Gamble
- Shailesh Jejurikar
- Sina Finance
- Thorne
- Vicks
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