Indian consumer goods maker Marico Ltd. (531642.BY) said Monday that its unit has acquired a hair-styling brand in Malaysia from U.S.-based Colgate-Palmolive Co. (CL)

Marico Malaysia Sdn. Bhd. has bought the brand, 'Code 10', as well as the intellectual property rights related to the brand from Colgate-Palmolive, Marico said in a statement to the Bombay Stock Exchange.

It didn't provide financial terms in the statement.

-By Ameya Karve, Dow Jones Newswires; +91-22-6145-6121; ameya.karve@dowjones.com
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