Personal care products maker Dabur India Limited has acquired 72.15% stake in Fem Care Pharma, a women’s skin-care products company for Rs 203.7 crore.
The board of directors of Dabur India approved the acquisition on Friday.
As per the SEBI guidelines for takeover, Dabur will make an open offer for another 20 per cent in Fem Care. The transaction, finalised at a price per share of Rs 800, will take the total deal size to Rs 202.4 crore and giving Fem Care an enterprise valuation of more than Rs 300 crore.
London, Nov 21: With a short top, front and sides and flowing mane at the back, mullet was a rage in the Eighties, however, now the hairstyle has been voted as the ''most cringeworthy craze of all time''.
Beating other fashion disasters such as bum bags and leg-warmers, the horror hairdo has topped a poll of the worst crazes ever.
Top celebrity crimper Richard Ward says: "This awful hairstyle may have been OK in the Eighties, but this is one look that will never come back into fashion.
Letting the voter-approved ban on gay marriage stand, California's Supreme Court on Wednesday agreed to hear several legal challenges against the ban. Though an earlier decision by the same court in May had opened marriage to same-sex couples in the state, gay couples are legally no allowed to resume marrying before it rules anew.
Paris - Video games from the past such as Pac-Man and Donkey Kong are making a comeback in Paris.
More and more bars, cafes and clubs in the French capital are setting up the old coin-operated machines. Classic games such as Pac-Man, Street Fighter and Arkanoid are being played by men in their 30s who remember the games from their youth.
Hamburg - Celebrating Christmas with family remains very important to young people even in times when attending the traditional Christmas Eve religious service has lost its meaning for many people. Some don't even know what the holiday is all about.
"In a mobile world the family is an anchor," said Sabine Koppe of a Hamburg-based organization that follows trends in an interview with Deutsche Presse-Agentur dpa. That's why holidays such as Christmas carry a lot of weight.
New York - The constant fluctuations on Wall Street can grate on even the toughest businessman's or businesswoman's nerves.
In search of a remedy, more and more brokers are taking calming classes in yoga and meditation, the New York Times reported. Working out at the gym or taking up other sports also helps brokers and other employees in the finance branch to let off steam.