Gillette – Procter & Gamble Merger Blog

Timeline

2007 Sep 30, Coverage under Gillette benefits, compensation, and severence plan ends. 

2005 Oct 1, The merger of The Gillette Company and The Procter & Gamble Company was completed

Under the terms of the FTC agreement, Procter & Gamble and Gillette will be required to divest P&G’s Crest SpinBrush battery-powered toothbrush business within ten days of receiving EC clearance. Earlier this month, P&G announced an agreement to divest this business to owners of the Arm & Hammer trademark Church & Dwight of Princeton, New Jersey.

Gillette’s Rembrandt teeth whitening business must be divested within 90 days of the final FTC order, or approximately February 1, while Gillette’s Right Guard men’s deodorant business must be divested within 120 days, or approximately March 1.

The company will also make Gillette deodorant brands Soft & Dry and Dry Idea available for purchase to the Right Guard buyer.

2005 Jul 15, European Commission has cleared the proposed merger with the Gillette Company.

2005 Jan 27, P&G announced a $55 billion deal to buy Gillette Corp. .

1 Comment »

  1. Hi

    I would like to ask if there is a merger or an adquisition that happened between PG and Gillette. Where could I read a complete report about this issue?

    Thank you

    Claudia Rivero

    Comment by Claudia Rivero — April 24, 2006 @ 4:43 am


RSS feed for comments on this post. TrackBack URI

Leave a comment

Blog at WordPress.com.