Under the terms of the agreement, P&G will acquire Ambi Pur, a global air care brand with presence in 80 countries, as well as several toilet care products with strong presence in Western Europe and Asia.
P&G announces A.G. Lafley's retirement after 32 years, elects new chairman and new board member; Diageo appoints new president, chief marketing and innovation officer; and Kellogg Company promotes candidate to new CFO.