CINCINNATI (AP) — Procter & Gamble Co. is still interested in acquisitions that would fill in certain areas of its consumer products portfolio.
Jon Moeller, the Cincinnati-based company's chief financial officer, Friday told analysts in New York that the maker of Tide detergent, Olay skin cream and Vicks medicines would consider additions to its household brands, beauty products, or personal health care lines.
He declined to discuss any specific possibilities. Recent reports have said P&G has been eyeing Sara Lee Corp.'s air freshener business.
Moeller says P&G isn't limited by the size of a potential acquisition. But he says any deal would have to be able to clear regulatory hurdles and must have a willing partner because P&G won't pursue hostile takeovers.
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