Procter & Gamble to sell Folgers brand to Smucker
Procter & Gamble Co. said Wednesday it will sell its Folgers brand to JM Smucker Co. in an all-stock deal valued at $3.3 billion.
DOWNERS GROVE, Ill. Food maker Sara Lee says consumer products giant Procter & Gamble is buying its air care business, Ambi Pur, for $320 million euros, or $470 million.