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P&G lands Thorne in latest wellness deal

Finance · 1 updates

P&G lands Thorne in latest wellness deal

Tide maker Procter & ​Gamble will announce ​the acquisition of supplements maker ​Thorne on Tuesday, P&G CEO Shailesh Jejurikar told CNBC in an interview."What ‌I can ⁠say ⁠is the price is a ​good price for the growth rates they have. ​It's kind of in line with the industry benchmarks we've ​seen," Jejurikar told ⁠CNBC.P&G and ‌Thorne did not ​immediately ​respond to Reuters requests for ⁠comment seeking additional details on the ​deal.Also Read: P&G India flags pressure on consumer demand, input costsUK-based consumer health company ​Haleon was bidding for Thorne, Reuters repo

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