New Delhi: Dabur India Ltd will acquire a 51% stake in hair care company Sesa Care Pvt. Ltd for an enterprise value of ₹315-325 crore.Dabur will pay ₹12.6 crore to True North, a private equity fund and the haircare company’s existing owner, to acquire 51% of the total paid up cumulative redeemable preference shares (CRPS) of... read full story
"The proposed merger brings substantial revenue and cost synergies. Dabur's extensive distribution network, category expertise, and access to key international markets can be leveraged to grow the brand and expand its footprint,"