been Chairman and CEO of Gillette for 4 years‚ was seeking a buyer of the global Boston-based company. Lafley‚ who had been Chairman and CEO of P&G for over 4 years‚ was out of the office and had to call him back‚ unaware of what Kilts was about to propose. Lafley questioned Kilts on three topics. First‚ what was Gillette’s price? Kilts said he wanted a fair offer. Not $60 per share‚ but not $50. ”Jim‚” Lafley responded‚ “I can do the math. Are you thinking Gillette holdings into P&G stock
Premium Management occupations Board of directors Corporate title
P&G-Gillette Introduction On January 28th 2005 P&G agreed to buy Gillette for $57bn (£30). Gillette was the number 1 in razor accessories and proctor gamble was number 1 in consumer products‚ a marriage of the best in their respective industries. The merger of the two companies created “the world’s largest consumer products conglomerate.” Gillette was a leader in its category of razors and batteries‚ merging with P&G provided it access to P&G’s technology and marketing skills
Premium Balance sheet Asset Procter & Gamble
resource management issues of multinational corporations (MNCs) (Schuler et al.‚ 1993). It has found that human resource policies and practices are the source of sustained competitive advantage to firms (Pfeffer‚ 1994). But diffusing HR policies and practices within multinational corporations (MNCs) to subsidiary management teams can be problematic‚ for example‚ how to align HR policies and practices with the rest of the organization (i.e. global integration) and how to adapt HRM practices to the local
Premium Human resource management
August 3‚ 2013 Merger & Acquisition Issues & Developments WIRC OF ICAI – AHMEDABAD BRANCH Speaker: Ravi Mehta‚ Partner – Transaction Tax‚ Ernst & Young LLP ► Modes of M&A in India & its key drivers ► Basic M&A Concepts and some of their Tax & Agenda Regulatory aspects ► Certain tax developments esp impacting cross-border M&A ► Page 2 Case - Studies Overview - Modes of M&A in India M&A Internal Restructuring Acquisitions Business Purchase
Premium Taxation Tax
The Gillette Company ‚ was founded in 1901 by inventor King C. Gillette. It was a leading international manufacturer of consumer products ranging from electric razors to ballpoint pens. Gillette has three divisions: 1. Safety Razor division (blades and razors) 2. Paper Mate Division (writing instruments) 3. Personal Care Division-PCD (toiletries and cosmetics) PCD was responsible for Gillette’s U.S. entries in hair care‚ skin care‚ and deodrants /antiperspirants The Brands of Gillette are
Premium Procter & Gamble Marketing Brand management
differently. Consequently‚ it affects the organisations in terms of performance and their ability to implement Human Resource Management (HRM) internationally. Certainly‚ national culture brings some impact on International Human Resource (IHR) policies and strategies. There are several main programmes emerging inside organisations as they globalise. For instance‚ they need to recruit‚ select‚ train and develop a broader set of international employees. It includes expatriates‚ as well as frequent international
Premium Human resource management Culture Geert Hofstede
TAX IMPLICATIONS OF AMALGAMATION‚ DEMERGER AND REVERSE MERGER Prachi Mathur Roll No. 747 IX Semester‚ Business Law Honors INTRODUCTION The terms ‘Amalgamation’ or ‘Merger’ and ‘De-merger’ are not defined in the Companies Act‚ 1956. Chapter V of Part VI of Companies Act comprising sections 390 to 396A contain provisions regarding Compromises‚ Arrangement and Reconstructions. In the Companies Bill which has been passed by the Rajya Sabha on August 8‚ 2012‚ Chapter XV lays down provisions for
Premium Tax Balance sheet Taxation
[2007] Group 6 Section B Gillette India Ltd MAK – II Project Abhishek Anand Abhishek Tiwari Nishit Jalan N P Easwaran Venkata Bhargava Talasila Wasi Rizvi Sec B Group 6 IIM Indore IIM Indore Group 6 Section B 1. EXECUTIVE SUMMARY 2. INTRODUCTION OF PROJECT 3. HISTORY OF GILLETTE 3.1. FOUNDATION OF GILLETTE INDIA 3.2. GILLETTE’S STRATEGY IN INDIA 3.3. SALES 3.4. STRUCTURE 3.5. PRODUCT DETAILS 4. ANALYSIS OF GILLETTE 4.1. FINANCIAL ANALYSIS 4.2. VISION AND FUTURE GROWTH 4.3. EXTERNAL
Premium Shaving Brand Procter & Gamble
My project will be based on the case studies of two of the world’s largest successful mergers / acquisitions. I will be comparing the cultural changes they gone through and how they successfully handled‚ managed the change. Brief over view of the two companies as follows: Exxon Mobil: ExxonMobil Chemical is a division of Exxon Mobil Corporation. It is incorporated in 1882. It is a global organization and is the world’s largest publicly traded international oil and gas company that focuses
Premium Procter & Gamble Standard Oil
38 PUBLIC POLICY MAKING: THEORIES AND THEIR IMPLICATIONS IN DEVELOPING COUNTRIES Ferdous Arfina Osman P ublic policy making is not merely a technical function of gov ernment; rather it is a complex interactive process influenced by the diverse nature of socio-political and other environmental forces. These environmental forces that form the policy context lead to the variation in policies and influences the output and impact. Due to the contextual differences‚ public policies of the
Premium Health economics Medicine Policy