Latest in Batteries

Image credit:

Procter & Gamble plans to spin-off Duracell

Share
Tweet
Share
Save

Sponsored Links

Consumer product megacorp Proctor & Gamble has just announced that it'll spin-off Duracell into its own separate company. The announcement comes as part of a move to pare down brands and focus on the 70 to 80 most profitable. Though P&G said that the Duracell has "attractive operating profit margins... and cash generation," it saw its growth prospects as limited. While Duracell will most likely be spun off as a new company, it could be divested or sold off, depending on which option brings the largest return. Anyway, you know your company might be too big when the world's most famous battery brand just ain't cutting it.

[Image credit: Getty Images]

Via: Fortune
In this article: Batteries, Duracell, ProcterAndGamble
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Engadget's 2019 Back-to-School Guide

Engadget's 2019 Back-to-School Guide

View
Hideo Kojima debuts six-minute 'Death Stranding' gameplay video

Hideo Kojima debuts six-minute 'Death Stranding' gameplay video

View
NVIDIA's game streaming service comes to Android this fall

NVIDIA's game streaming service comes to Android this fall

View
Study finds US carriers aggressively throttle video streams

Study finds US carriers aggressively throttle video streams

View
Two Halo characters are joining ‘Gears 5’

Two Halo characters are joining ‘Gears 5’

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr