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P&G Shares Jump As Trian Buys $3B Stake

February 16, 2017

Shares rise 4% to 52-week high.

Trian Fund Management made a $3 billion bet on Procter & Gamble today, pushing the world's biggest FMCG company to a 52-week high.


According to a Wall Street Journal report, Trian purchased more than $500 million in P&G stock late last year, and has continued its buying spree in 2017. P&G has a total market value of $225 billion.




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