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UL Unilever PLC

52.66
0.51 (0.98%)
08 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Unilever PLC NYSE:UL NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.51 0.98% 52.66 52.91 52.49 52.67 3,589,300 01:00:00

Unilever Agrees to Acquire Carver Korea for EUR2.27 Billion

25/09/2017 7:47am

Dow Jones News


Unilever (NYSE:UL)
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From May 2019 to May 2024

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   By Oliver Griffin 
 

Unilever PLC (UL) said Monday it has agreed to acquire skincare business Carver Korea for 2.27 billion euros ($2.7 billion) from Bain Capital Private Equity and Goldman Sachs (GS).

Unilever said Carver would significantly strengthen its position in north Asia, the world's largest skincare market. In 2016, Carver delivered sales of EUR321 million, along with EUR137 million in earnings before interest, taxation, depreciation and amortization.

The transaction is subject to customary regulatory approvals.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com

 

(END) Dow Jones Newswires

September 25, 2017 02:32 ET (06:32 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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