Unilever (UL) announced early Monday that it had agreed to buy beauty care company Alberto Culver Company for $3.7 billion in cash.

The deal will make Unilever the world’s leading company in hair conditioning, the second largest in shampoo and the third largest in hair styling, Unilever said in a statement.

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“We are delighted to be acquiring Alberto Culver,” Unilever CEO Paul Polman…

Continue reading Unilever to Buy Alberto Culver for $3.7 Billion

Unilever to Buy Alberto Culver for $3.7 Billion originally appeared on DailyFinance on Mon, 27 Sep 2010 06:35:00.

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