π P&G scoops up Thorne for $3.8B
Procter & Gamble has acquired the supplement maker Thorne for a significant sum of $3.8 billion. This major corporate move involves P&G, a global consumer goods giant, and Thorne, a recognized health supplement provider. The deal was finalized with an agreed-upon valuation of $3.8 billion. This acquisition highlights the growing industry focus on personal wellness and health products. Moving forward, the integration of Thorne into P&G's portfolio is expected to boost their wellness offerings. π