Domestic FMCG giant Marico today acquired Paras brand of personal care products from its current owner Reckitt Benckiser, a UK-based consumer goods major that had last year only acquired this portfolio.
While the financial details of the latest transaction were not disclosed, Reckitt in April 2011 had paid Rs 3,260 crore for acquisition of home-grown Paras Pharmaceuticals.
From: http://ping.fm/mXDqw
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