Wachtell Lipton Rosen & Katz has taken the lead role for Kellogg on its $2.7bn (£1.7bn) acquisition of Procter & Gamble's (P&G's) Pringles crisps business, reports The Am Law Daily. The move comes less than a week after P&G announced that it was re-evaluating a planned sale to Diamond Foods for $2.35bn (£1.5bn) amid an accounting scandal involving the latter company's financial statements.
February 16, 2012 at 01:03 AM
1 minute read
The original version of this story was published on Legalweek
Wachtell Lipton Rosen & Katz has taken the lead role for Kellogg on its $2.7bn (£1.7bn) acquisition of Procter & Gamble’s (P&G’s) Pringles crisps business, reports The Am Law Daily.
The move comes less than a week after P&G announced that it was re-evaluating a planned sale to Diamond Foods for $2.35bn (£1.5bn) amid an accounting scandal involving the latter company’s financial statements.
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