P&G wraps up sale of Pringles to Kellogg
Procter & Gamble Co. has finalized the sale of its Pringles snack business to Kellogg Co. for nearly $2.7 billion. P&G said Thursday that with the cash transaction, effective June 1, it expects an after-tax gain of $1.4 billion to $1.5 billion, or 47 cents to 50 cents per share.