IN BRIEF: Unilever buys haircare brand K18 amid portfolio restructure
Unilever PLC - London-based maker of food & drink, cleaning, toiletry, and personal care products - Agrees to buy "biotech" haircare brand K18 for an undisclosed price. Founded in 2020, K18 has a range of six products that aim to use biotechnology to identify and address the causes of hair damage. It is distributed through professional salons and retailers, primarily in North America, the UK and Australia. The deal is expected to complete in the first quarter of next year, Unilever says on Friday.
Read more