Subtlety of Privacy Agreements

Just received this note from a large company I have had dealings with, informing me of a change in their privacy agreement with me:

" ... the new privacy statement (like the old one), continues to note that we will not share your personal information with marketers outside of P&G without your explicit consent. The key change in the new Privacy Statement which we wanted to bring to your attention is that within P&G, the information you provide to one P&G brand may now be shared internally, within the company, across other P&G brands. We believe that this change allows us to 1) better tailor our advertising and offers to you and 2) tell you about all of the products and services offered by our company which we think may be of interest to you.

To view the complete text of the updated Privacy Statement, please click on the following link ... "

Another part of the message allows me to opt out of sharing information entirely.