Marico Unit Buys Hair-Styling Brand In Malaysia From Colgate
January 04 2010 - 1:53AM
Dow Jones News
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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