In the FMCG space that P&G is in most of their takeovers improve distribution for the company that is being acquired, and P&G generally seems to prefer to leave

In the FMCG space that P&G is in most of their takeovers improve distribution for the company that is being acquired, and P&G generally seems to prefer to leave the brand and management of the company alone. I'm sure there have been some that haven't been successful, but most that I'm aware of have gone very well.