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As the economy slowly recovers from a downturn that shook consumer confidence, the region’s petfood industry reflects cautious optimism.
Apr 15, 2014
Last week’s big news that Mars Inc. had agreed to buy 80% of Procter & Gamble’s petfood business was and wasn’t a surprise. Everyone knew P&G was eager to sell its petfood brands (Iams, Eukanuba and Natura); CEO A.G. Lafley said as much over six months ago, when he told analysts the company was looking to off-load its under-performing business unit...
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