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Acquisition set for $411.5 million in cash by March 2009
January 26, 2009
By: TOM BRANNA
Editor
Unilever announced today that it has signed an agreement to acquire the global TIGI professional hair product business and its supporting advanced education academies for a cash consideration of $411.5 million. Vindi Banga, Unilever president, foods, home and personal care, said, “This is an exciting acquisition for Unilever. It illustrates our determination to actively manage our portfolio in line with our stated strategic priorities, including a focus on personal care and higher growth are...
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