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Procter & Gamble To Buy Health Firm Thorne From L Catterton For $3.8 Bln Cash

M&A & RestructuringCompany FundamentalsCorporate Guidance & Outlook

L Catterton agreed to sell science-backed health and wellness firm Thorne to Procter & Gamble for $3.8 billion in cash. The definitive deal suggests a positive strategic step for both parties, likely to support PG’s consumer health/wellness expansion.

Analysis

L Catterton agreed to sell science-backed health and wellness firm Thorne to Procter & Gamble for $3.8 billion in cash. The definitive deal suggests a positive strategic step for both parties, likely to support PG’s consumer health/wellness expansion.

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