Unilever to buy Alberto Culver for $3.7bn
Unilever is to buy Alberto Culver, the US consumer products group, in a $3.7bn deal that will see it bring brands such as TRESemmé and VO5 shampoos into the Anglo-Dutch conglomerate's stable of hair care and skin care products.
There is an unconfirmed report that Alberto Culver, a cosmetic company based in Melrose Park, Illinois, will be leaving Illinois.