Procter & Gamble Co (NYSE:PG) is exploring a sale or initial public offering of some of its beauty brands, Bloomberg reported, citing people with knowledge of the matter.
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P&G is working on the plan with its advisers, but has not finalized the details, including which products will be sold, Bloomberg said. (http://bloom.bg/1MFE5DI)
The company may still decide not to follow through with the separation, Bloomberg quoted the people as saying.
(Reporting by Ramkumar Iyer in Bengaluru; Editing by Savio D'Souza)