P&G to Acquire Gillette for $57 Billion
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Kilts, who has agreed to stay on for at least a year to lead the integration of the two companies, said the combination would provide Gillette with opportunities to sell their products in developing markets including China and East Europe.
"I'm a great believer in scale," Kilts said. He said he would rather lead a consolidation in consumer products makers than "get stuck with the leftovers."
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- People:
- A.G. Lafley
- James M. Kilts
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