Aug 4 (Reuters) - Tide maker Procter & Gamble ( PG ) will

announce the acquisition of supplements maker Thorne on Tuesday,

P&G CEO Shailesh Jejurikar told CNBC in an interview.

"What I can say is the price is a good price for the growth

rates they have. It's kind of in line with the industry

benchmarks we've seen," Jejurikar told CNBC.

P&G and Thorne did not immediately respond to Reuters

requests for comment seeking additional details on the deal.

UK-based consumer health company Haleon ( HLN ) was bidding

for Thorne, Reuters reported in June, citing sources.

The supplements maker was valued at up to $4 billion,

according to a Financial Times report in June.

Last week, P&G forecast slower annual sales growth, even as

its beauty and wellness division posted strong results, helped

by consumers' willingness to spend on discretionary self-care

products.

(Reporting by Juveria Tabassum in Bengaluru and Alexander

Marrow in London; Editing by Anil D'Silva)