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By 1999, Gillette was worth US$43 billion, and the brand value of Gillette was estimated to be worth US$16 billion. This equated to 37% of the company's value. [ 72 ] In 2000, Gillette's board fired CEO Michael Hawley; he was replaced by former Nabisco CEO James M. Kilts in early 2001.
Shares of household products giant Procter & Gamble (NYSE: PG) were gaining today after the maker of Crest toothpaste and Gillette razors posted another solid earnings report, edging out analyst ...
Procter & Gamble said on Tuesday a write-down of its Gillette business and lower price increases hampered its financial results.
The Gillette Company (1996–2005) Procter & Gamble (2005–2016) Berkshire Hathaway (2016–present) Subsidiaries: Duracell (UK) Limited Duracell China Limited Duracell Batteries BV Duracell Batteries Limited [2] Website: www.duracell.com www.procell.com
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In 1998, Gillette decided to transform Braun AG into a private company before it bought back a 19.9 percent share in its subsidiary The Gillette Company Inc., which Braun had acquired in 1988. [11] [12] The following year, Braun's sales organization was merged with those of Gillette's other business divisions to cut costs. At the end of the ...
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