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UN Unilever NV

60.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Unilever NV NYSE:UN NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 60.50 0 01:00:00

Unilever Buys REN Skincare for Undisclosed Sum

02/03/2015 11:46am

Dow Jones News


Unilever NV (NYSE:UN)
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LONDON--Unilever PLC (ULVR.LN) said Monday it is buying REN Skincare for an undisclosed sum.

The food, home and personal care products firm, which houses Persil, Dove, Hellmann's and Wall's ice cream among its portfolio, said it expects to close the acquisition in May, subject to customary regulatory approvals.

Created in 2000 by Antony Buck and Robert Calcraft, REN pioneered a new type of high performance skin care. The brand is today sold in 50 countries and sold predominantly in specialty stores and pharmacies.

Shares in London at 1110 GMT up 28 pence, or 0.98%, at 2894 pence valuing the company at 37.13 billion pounds ($57.53 billion).

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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