P & G open to more acquisitions, CFO says

Procter& Gamble chief financial officer Jon Moeller said Thursday morning that the company is open to more acquisitions, including in the over-the-counter health care space. Executives with the Cincinnati-based maker of consumer goods such as Prilosec OTC heartburn reliever (NYSE: PG) believe such acquisitions would pay off because of P&G ’s expertise in marketing and other areas. “OTC healthcare (is) very attractive from a margin standpoint, from a growth standpoint, from a demographic standpoint,…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news