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Procter & Gamble Announces Plans To Reorganize International Business

December 13, 2013: 12:00 AM EST
Procter & Gamble Co. said it plans to reorganize its overseas business operations as part of CEO A.G. Lafley’s cost-cutting plans. Among the options being considered by the company are the proposed merger of its Western European unit with Eastern and Central Europe and combining its Indian business with the Middle East and Africa unit. At present, P&G’s international operations comprise five geographic units: North America, Latin America, Asia, Western Europe, and CEEMEA.
Matthew Boyle and Matt Townsend , "Procter & Gamble Said Planning Reorganization of Overseas Units", Bloomberg, December 13, 2013, © Bloomberg L.P.
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