Consumer goods company Unilever PLC (ULVR.LN) Tuesday said it has obtained the necessary regulatory clearances in Russia and Ukraine, and completed the acquisition of 82% of the outstanding shares of Concern Kalina, a Russian beauty company, for RUB17.4 billion.

MAIN FACTS:

-Amount paid to acquire the 82% stake is about RUB0.7 billion higher than the amount previously announced, reflecting a number of adjustments in respect of cash equivalent items.

-Enterprise value for 100% of Concern Kalina is unaffected and remains RUB25.9 billion.

-Unilever plans to cause Concern Kalina to delist the shares from the Russian Trading System and MICEX stock exchanges in December.

-On or about Jan. 10, 2012, Unilever will offer to acquire all of the remaining Concern Kalina shares in Russia.

-Price per share is expected to be RUB4,267.92, as the highest price Unilever paid to the selling shareholders - but will be determined by Russian law.

-Shares of Unilever at 1208 GMT up 17 pence, or 0.8%, at 212.9 pence.

-By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com

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