Procter & Gamble Co
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Consumer Staples : Household Products | Large Cap Blend
Company profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies. It offers products under the brands, such as Olay, Old Spice, Safeguard, Head & Shoulders, Pantene, Rejoice, Mach3, Prestobarba, Venus, Cascade, Dawn, Febreze, Mr. Clean, Bounty and Charmin.

Price
Delayed
$132.50
Day's Change
-1.49 (-1.11%)
Bid
--
Ask
--
B/A Size
--
Day's High
133.35
Day's Low
132.09
Volume
(Heavy Day)

Today's volume of 5,351,497 shares is on pace to be much greater than PG's 10-day average volume of 7,423,969 shares.

5,351,497

Canadian cannabis company Sundial to acquire Inner Spirit in cash-and-stock deal valued at C$131 million

9:00 am ET May 5, 2021 (MarketWatch)
Print

Canadian cannabis company Sundial Growers Inc. (SNDL) said Wednesday it has reached an agreement to acquire Inner Spirit Holdings Ltd. , a retailer and franchisor of Spiritleaf recreational cannabis stores across Canada, in a cash and stock deal valued at about C$131 million ($106.7 million). Under the terms of the deal, Inner Spirit shareholders will receive 30 cents in cash and 0.0835 of a Sundial common share for each share owned, equal to 39 cents per share. That represents a premium of 54.8% over the 10-day volume-weighted average price of Inner Spirit shares on the Canadian Securities Exchange, and a premium of 62.5% over its closing price on Tuesday. The deal is expected to close early in the third quarter. Both companies are microstocks; Sundial closed at 79 cents on Tuesday, while Inner Spirit closed at 20 cents. Inner Spirit has 86 stores in British Columbia, Alberta, Saskatchewan, Ontario, and Newfoundland and Labrador. U.S.-listed shares of Sundial, which once had a $1 billion valuation, (http://www.marketwatch.com/story/how-a-cannabis-unicorn-lost-80-of-its-value-in-six-months-2020-02-03), were up 4.9% premarket.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

May 05, 2021 09:00 ET (13:00 GMT)

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