Tutanota's Mini-Tender Offer Draws P&G's Warning
September 02, 2025
September 02, 2025
WASHINGTON, Sept. 2 -- The Procter & Gamble Co., Cincinnati, Ohio, has advised its stockholders to reject an unsolicited "mini-tender" offer from Tutanota LLC.
According to the company, Tutanota is seeking to purchase up to 500,000 shares of P&G common stock at a price of $128 per share. The offer is described as being conditional on the company's stock price exceeding that amount on the last trading day before the offer expires.
P&G stated, . . .
According to the company, Tutanota is seeking to purchase up to 500,000 shares of P&G common stock at a price of $128 per share. The offer is described as being conditional on the company's stock price exceeding that amount on the last trading day before the offer expires.
P&G stated, . . .