Unilever to acquire Alberto Culver for $3.7 billion in cash
Unilever PLC, the Anglo-Dutch consumer products giant, said Monday that it has entered into a definitive agreement to acquire Alberto Culver Co., maker of the Alberto VO5 hair-care products, for $3.7 billion in cash.
Consumer products maker Unilever NV said today it has agreed to buy Alberto Culver Co., the US maker of beauty products such as TRESemme, VO5 and Noxzema, for $3.7 billion in a management-backed deal.