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  1. Unilever to buy majority stake in Carver Korea for $2.9 bn: Seoul Economic Daily

Unilever to buy majority stake in Carver Korea for $2.9 bn: Seoul Economic Daily

Unilever has agreed to buy a majority stake in South Korean cosmetics firm Carver Korea for $2.9 billion from a consortium of Goldman Sachs and Bain Capital Private Equity.

By: | Updated: September 25, 2017 11:25 AM
Goldman Sachs, Bain Capital Private Equity, South Korean cosmetics, Carver Korea, Unilever Unilever has agreed to buy a majority stake in South Korean cosmetics firm Carver Korea for .9 billion from a consortium of Goldman Sachs and Bain Capital Private Equity.(Image: Reuters)

Unilever has agreed to buy a majority stake in South Korean cosmetics firm Carver Korea for $2.9 billion from a consortium of Goldman Sachs and Bain Capital Private Equity, Seoul Economic Daily reported on Monday. The deal to buy the 60.39 percent stake was signed on Friday, the report said, citing investment banking sources. Carver Korea, Bain Capital and Goldman Sachs were not available for comment.

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