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DewDiligence

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DewDiligence

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Re: DewDiligence post# 1100

Thursday, 05/10/2012 4:18:50 PM

Thursday, May 10, 2012 4:18:50 PM

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PG moves headquarters of personal-care/beauty segment to Singapore:

http://online.wsj.com/article/SB10001424052702304070304577396053688081544.html

Procter & Gamble Co. said Thursday it would move its global beauty, skin, cosmetics and personal-care unit to Singapore from Cincinnati, according to an internal memo.

P&G is making the move since Asia is the fastest-growing beauty market in the world, the company said.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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