Trademagazin > News and articles > Company and Personal News > Unilever is buying up a hair care products manufacturer for 3.7 billion USD
Unilever is buying up a hair care products manufacturer for 3.7 billion USD
Unilever PLC, announced an agreement over the purchasing of the hair-care products manufacturer Albert Culver Co.
Unilever would buy Alberto for 3.7 billion USD, 37.5 USD per share. The purchase is still awaiting approval, while the management of both companies agree to the merger. Unilever shares increased by 2.1 percent in London.
In the 12 months ended on the 30th of June, revenue of Alberto Culver was around 1.6 billion USD – reports tozsdeforum.hu.
Related news
More related news >
Related news
Nestlé remains the world’s most valuable food brand, according to Brand Finance
Nestlé has been the world’s most valuable food brand for…
Read more >Revolut: local branch and Hungarian leader on the horizon
Revolut plans to open a Hungarian branch and appoint a…
Read more >Joining quality systems helps to recognize domestic products
In addition to increasing consumer confidence, participation in quality schemes…
Read more >