Emami Acquires Dermicool Brand From Reckitt For Rs 432 Crore
Consumer goods maker Emami Ltd. has acquired Reckitt’s prickly heat powder and talc brand Dermicool for Rs 432 crore, excluding taxes and duties. “The acquisition is funded through internal accruals and is subject to customary closing conditions,” the Kolkata-based company, said in its stock filing on Friday.
Source: bloombergquint.com