Report: P&G Could Sell or IPO Some of its Beauty Products

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.

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)