The apparel and footwear company’s filing with the Securities and Exchange Commission on Feb. 14 reports it plans to raise $100 million in common stock.
CEO Jeff Harmening said the company is “innovating in new product forms that command premium price points,” which includes a box of Morning Summit cereal priced for a cool $13.
Dairy Farmers of America will acquire 44 of the Dean Foods’ fluid and frozen facilities in a stalking horse bid, as well as the real estate, inventory, equipment, and all other assets necessary to operate them.
P&G is focused on its consumer brands that deliver on its ‘Ambition 2030’ goals, which include advancements in recycling, driving a circular economy, and promoting responsible consumption.
