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Unilever (NYSE:UN) agrees to acquire 82% of OAO Concern Kalina in a deal that values the Russian...

Oct. 14, 2011 9:09 AM ETThe Unilever Group (UN) StockUNBy: Carl Surran, SA News Editor
Unilever (NYSE:UN) agrees to acquire 82% of OAO Concern Kalina in a deal that values the Russian cosmetics company at $694M, as the world's second-largest maker of branded household products strategically ramps up its presence in the fast-growing Eastern European region. UN +2.9% premarket.

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The Unilever Group