"The company's origins are as a professional products supplier for beauty salons", reports David Salazar for Drug Store News.
"It's right at the top-end of what Unilever's paid for things but it's pretty profitable and 35 percent of the sales go to China, so they're acquiring right in the heartland of current beauty trends", the analyst pointed out.
"Bain and Goldman Sachs jointly bought about 60% of Carver for roughly $500 million previous year", a source tells Reuters's Hyunjoo Jin and Martinne Geller.
Unilever also revealed it meant to look at changing its historic status as a dual-listed company in two countries and could offload more of its food brands.
Quite a Change: Uber Loses London License Khosrowshahi said in the letter that the company would still appeal the decision "with the knowledge that we must also change". Following the ruling, Uber now has 21 days to put forward an appeal, which will be heard by Westminster magistrates' court.
Investment banks (IB) explained that Unilever's acquisition of the AHC line for 16 times its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of Euro 137 million can be interpreted as a plan for the second takeoff in the Chinese market which is now suffering stagnation. The company's main brand is AHC, and it also sell whitening products. The two had formed a consortium a year ago to buy the stake for 430 billion won. Carver also provides a strong foothold in North Asia, the world's largest skincare market, Unilever said.
Unilever made its formal move on Carver Korea yesterday for a business that was founded back in 1999 and which has shown impressive growth over the last five years, delivering sales of €321m ($379m) and EBITDA of €137m ($162m) in 2016. "The value of South Korea's beauty market will reach about $13 billion this year, according to market researcher Mintel".
"This has been a great opportunity for us to partner with a leading Korean company in an exciting segment of the cosmetics space and to help support its brand, operations, and growth around the world", said Ed Han, managing director for Bain Capital Private Equity, in a Unilever press release.
One month after Hurricane Harvey made landfall in Texas, motorists Monday were finally seeing consistent declines in gas prices. Prices remain higher than normal in the Southeast, which normally enjoys some of the lowest fuel prices in the nation.
The head of Abe's junior coalition partner, Natsuo Yamaguchi, said he understood the election would be held on October 22. Japanese Prime Minister Shinzo Abe has called an election a year early and will dissolve parliament on Thursday.
Romelu Lukaku scored the only goal as Manchester United clinched a hard-fought 1-0 win over Southampton at St Mary's Stadium. Stoke , now placed 13th in the league, are on a three-game winless run since their 1-0 victory over Arsenal last month.
North Korean Foreign Minister Ri Yong Ho said his country may conduct a "historic" hydrogen bomb test in the Pacific Ocean. In case the U.S. leader doesn't recertify the nuclear agreement in mid-October, Tehran will consider options in response.
I'm going to find out who's behind boxing decisions like this. "I'm telling you now there are dark forces at work in boxing". His promoter Mick Hennessy was incensed after the fight however and told the BBC that he thought his man clearly one.
Other churchgoers were taken to a safe location, the fire department confirmed. " This is a mass casualty situation ". Joe Love lives across the street from the church and says two members ran to his door immediately after the shooting.
He said that if Congress is voted to power in Gujarat, its government will work for farmers, for youths and for the poor. In his address there, Gandhi slammed the Modi government for "failing" to address basic problems of people.
Velazquez said Puerto Rico was "already struggling from financial and economic challenges before Maria made landfall". "Our island of Puerto Rico has been hit by two of the most devastating hurricanes we've ever seen: Irma and Maria ".
Texans owner Bob McNair , who donated $1 million to the Trump campaign, issued a statement also condemning the president's words. The scariest offensive threat on the Texans is wide receiver DeAndre Hopkins, who leads the team with 14 catches and 128 yards.
Weiner darted to his auto after reading his statement without taking questions, and he will report to prison on November 6. Prosecutors said he broke the law by having illicit contact with a 15-year-old girl using Skype and Snapchat.
Victory gave them an unassailable 2-0 lead in the third of the five-match series after the second game was washed out last week. England have already made their intentions clear about coming hard at West Indies .
Target to raise minimum wage to $11, plans $15 by 2020
The $11 wage is higher than the minimum wage in 48 states, and it matches amounts in MA and Washington, Target says. Target's latest announcement contrasts with how it responded in recent years to Wal-Mart's wage hikes.
Darren Sproles' season over after dual injuries on same play
Sproles is among the NFL's all-time leading players in all-purpose yards and is one of the Eagles' most important players. He walked off the field on his own power but was slated for an MRI on Monday to determine the extent of his injuries.
Health care groups oppose GOP bill
Turner said it is still possible Collins might be persuaded to vote "yes" on the bill or that supporters could change Paul's mind. Senate Majority Leader Mitch McConnell (R-KY) said that he plans to put the Graham-Cassidy bill up for a vote next week.
Keenum, Vikings Beat Buccaneers
The Vikings drove 75 yards on the game's first possession with a heavy dose of Cook and one big play by Keenum to Thielen. His totals: 53 for 76 (69.7 percent) for 793 yards, seven touchdowns and just one interception with three sacks.
Suspect Killed, Officer Shot In New Castle
Sunday when New Castle police received a report of a man breaking into cars near K Avenue and Columbus Street. The man seems unaffected when the officer fires the stun gun and quickly rushes toward the officer.
Mattis Says Diplomacy Best Course Against North Korea
North Korea has said it intends to build a missile capable of striking all parts of the United States with a nuclear bomb. Trump has said he won't allow it, although the U.S.so far has not used military force to impede the North's progress.