Thorne Enters into Definitive Agreement to Be Acquired by Procter & Gamble

P&G CEO Shailesh Jejurikar said the acquisition is play to grow the company's health business on CNBC's "Squawk on the Street."

Procter & Gamble will announce its acquisition of Thorne supplements on Tuesday. The company's CEO stated the acquisition price aligns with industry benchmarks. Haleon, a UK…