Procter & Gamble Co. (P&G) sold its Sure deodorant brand to Innovative Brands, the same company that bought Pert shampoo from the company earlier this year.
At a recent shareholders meeting, P&G President and Chief Executive A. G. Lafley said, "We are now focused on delivering a full decade of industry-leading top and bottom line growth.
As part of a restructuring effort, Newell Rubbermaid Inc., maker of Sharpie pens and Rubbermaid trash cans, is selling its Ohio-based Little Tikes children's toys and furniture business to MGA Entertainment Inc. for an undisclosed price.