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Name | Symbol | Market | Type |
---|---|---|---|
Givaudan SA (PK) | USOTC:GVDNY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.28 | -2.35% | 94.71 | 92.96 | 96.32 | 94.91 | 94.37 | 94.37 | 13,724 | 21:14:33 |
By Kim Richters
Givaudan SA said Thursday that it has acquired 25% of the shares in B.Kolormakeup & Skincare, without disclosing the terms of the deal.
The Swiss flavor-and-fragrance company funded the deal from existing resources.
"Under the terms of the agreement, Givaudan has the option but not the obligation to acquire a controlling stake in B.Kolor after a period of three years," it said.
Italian company B.Kolormakeup & Skincare is a contract manufacturer for makeup and skincare products and employs around 250 people.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
July 01, 2021 01:34 ET (05:34 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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