Procter and Gamble are a consumer goods company whose product range include cleaning products, toiletries and pet foods. Procter and Gamble went public in 1837.
Proctor and Gamble ceased to be a private company and held its first public offering in 1890. The company began as a partnership between a candle-maker and his chemist son-in-law in 1837. They were pioneering in the concept of profit-sharing, making their workers a part of the company as a simple strategy that would prevent strikes.
Pringles is not a public company on its own; it is a brand owned by the Kellogg Company, which is publicly traded. Kellogg acquired Pringles in 2012 from Procter & Gamble. Therefore, while Pringles itself is not publicly traded, its financial performance is part of Kellogg's overall business, which is available to investors.
A private company differs from a public company by how it does its research. A public company can dip into public capital markets as to where private companies cannot.
public company
Private
Mars is a private company.
Godrej is a private company.
ConocoPhillips is a Public company.
Disney is a public company.
No, a private company remains private even if a public company holds a percentage of its paid-up capital. The status of a company as public or private is determined by its articles of association and the provisions of the Companies Act in the relevant jurisdiction.
Proctor and Gamble state: ---- We will provide branded products and services of superior quality and value that improve the lives of the world's consumers, now and for generations to come. As a result, consumers will reward us with leadership sales, profit and value creation, allowing our people, our shareholders and the communities in which we live and work to prosper. ---- For source, see Related Links below this box.