P&G expects to close Pringles sale later than expected
CINCINNATI — Procter & Gamble announced that the completion of its deal to sell the Pringles brand to Diamond Foods has been pushed back to June 2012.
The transaction, which initially was expected to close this December, was delayed "to allow Diamond Foods to complete an accounting investigation." P&G said it remains committed to the transaction and noted that the timing of the deal would not affect P&G’s planned restructuring.
The deal, announced in April, is valued at $2.35 billion.
Scottish Spirits introduces scotch in a can
FORT LAUDERDALE, Fla. — Scottish Spirits is introducing scotch in a 100% recyclable aluminum can.
Available in both single-grain scotch and blended scotch, Scottish Spirits said the scotch is 80% proof and contains 40% alcohol by volume.
Scottish Spirits carries a suggested retail price of $5 for a single can.
Armour introduces lower-sodium pepperoni
LISLE, Ill. — Armour is offering pepperoni fans a product that contains lower sodium.
Armour said it has launched its lower-sodium pepperoni as "an alternative for people with healthier lifestyles while giving them the great taste of pepperoni they love."
Armour lower-sodium pepperoni is available in 5-oz. resealable packages at such retailers as Walmart and Meijer.