Shelly Banjo, Columnist

P&G Just Missed an Opportunity

Dollar Shave Club the latest purchase it didn't make, despite a huge cash pile.

July 20, 2016 at 3:52 PM UTC

Shelly Banjo leads the global business team for Bloomberg News in New York. A former New York bureau chief and senior tech writer, she’s covered business, finance and economics for two decades.

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Is Procter & Gamble missing out?

News that Unilever shelled out $1 billion to buy Dollar Shave Club raises the question: Why wasn't it P&G that snapped up the online subscription upstart, which virtually created the online razor market by drawing in more than 3 million annual subscribers?