02.16.17
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.
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.