Discussions continued Wednesday between Procter & Gamble Co. and competitor Unilever toward resolving a dispute over a case of P&G snooping for information on Unilever products.

        P&G chairman John Pepper was in New York to negotiate the deal.

        Terms could include a third-party audit of new P&G hair-care products, reassignment of some hair-care executives and a payment of more than $10 million.

        As of late Wednesday, the parties still were negotiating.

        Also, P&G chief financial officer Clayton Daley said Wednesday that voluntary severance packages submitted by U.S.-based employees “will reach the majority of our goals with the voluntary program.” He did not elaborate.

        P&G has previously said it wanted to eliminate about 3,400 U.S.-based positions.

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