Procter & Gamble Company - PG STOCK NEWS

Procter & Gamble's Cascade brand and GE Appliances have launched the "Do It Every Night" sweepstakes to promote water conservation by encouraging dishwasher use. Running the dishwasher can save up to 100 gallons of water weekly compared to hand washing. The initiative will gift 100 households a GE® dishwasher and a year’s supply of Cascade Platinum ActionPacs, potentially saving five million gallons of water over ten years. Additionally, Cascade is involved in a water restoration project in Arizona to enhance freshwater ecosystems.

GilletteLabs (NYSE: PG) has launched its 'Warm Up the Holidays' campaign to support small businesses during the pivotal holiday gifting season. The initiative features limited-edition bundles pairing the Heated Razor with innovative products from five selected partners, including ANYON Atelier and BLK & Bold. Bundles will be available on The Art of Shaving website starting November 10th, retailing at $200. This campaign aims to assist small businesses impacted by current challenges, showcasing their stories and promoting their products through influencer collaborations and consumer giveaways.

P&G Ventures, part of Procter & Gamble (NYSE:PG), is launching its second Virtual Innovation Challenge, building on the success of the first one held in June. Entrepreneurs and startups can submit their products for a chance to pitch at CES 2021 on January 13, 2021. Finalists will compete for a $10,000 prize and mentorship opportunities. The deadline for submissions is November 25, 2020. Leigh Radford, Senior VP at P&G Ventures, highlights the challenge as a chance to showcase innovations, adapting to the COVID-19 pandemic.

Pampers has launched an upgraded version of its Pure diapers, now featuring a plant-based liner enriched with shea butter, following a survey revealing that 80% of moms prefer such enhancements. The new diapers are hypoallergenic and free from harmful additives, ensuring skin safety. Pampers Pure is backed by clinical evidence and meets safety standards, with stylish new prints available in sizes N through 6. Pampers remains the #1 Pediatrician Recommended Brand. The new product aligns with parent preferences for quality and safety in diapering.

The Procter & Gamble Company (NYSE: PG) has announced the pricing of its debt tender offer for several debt securities. The tender offer, initiated on October 13, 2020, received valid tenders totaling approximately $1.98 billion as of the Early Tender Deadline on October 26, 2020. P&G will accept all validly tendered amounts, with total considerations varying by security. The tender offer will expire on November 9, 2020. The settlement date for accepted securities is expected on October 29, 2020. Citigroup, Deutsche Bank, and Goldman Sachs are managing the offer.

The Procter & Gamble Company (NYSE: PG) announced early results of its debt tender offer, increasing the maximum purchase price from $1.5 billion to approximately $2.0 billion. The tender offer allows P&G to buy select debt securities, with an Early Tender Deadline already passed. Validly tendered securities will not be withdrawn, and the final acceptance amounts depend on priority levels established. The tender offer will conclude by November 9, 2020, barring extensions. Citigroup, Deutsche Bank, and Goldman Sachs act as dealer managers for the offer.

Procter & Gamble (NYSE:PG) has received an unsolicited mini-tender offer from Mason Bell LLC to buy up to 50,000 shares at $106.00 each, significantly below the market closing price of $142.38 on October 23, 2020. P&G advises shareholders against accepting this offer, highlighting its low valuation and lack of investor protections typically associated with larger tender offers. The company stresses that investors should consult market prices and exercise caution, especially as the offer could terminate if share prices drop below the bid before expiration on December 2, 2020.