alverto culver

Unilever to Buy Alberto Culver for $3.7 Billion

Unilever (UL) agreed to buy beauty care company Alberto Culver Company for $3.7 billion in cash. The deal will make Unilever the world%u2019s leading company in hair conditioning, the second largest in shampoo and the third largest in hair styling, Unilever said in a statement. Alberto Culver had sales of about $1.6 billion for the 12 months ending June 30.