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Friday, October 24, 2014

P&G to Spin off Duracell

Not unexpected.  But the form of the move is unusual. Not a profitable enough business.  " .... Though P&G said that the Duracell has 'attractive operating profit margins... and cash generation,' it saw its growth prospects as limited. ... ".    What is the growth potential of batteries?  Many more devices but mostly chargeable.

Update:  Received through the Alumni network.

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