Unilever Takes Control Of Russian Cosmetics Co. For $541M
Unilever, looking to capitalize on emerging markets outside of those areas most impacted by Europe's looming debt crisis, will buy 82 percent of Kalina in a deal that values the skin care brand at $694 million. The company will pay about 4.09 rubles (13 cents) per share for Kalina.
"We are delighted to be acquiring Concern Kalina," Unilever CEO...
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