Dabur India’s, step down wholly owned subsidiary Dabur South Africa (Pty) has entered into a share purchase agreement, to acquire D and A Cosmetics Proprietary and Atlanta Body & Health Products Proprietary.

Now, Dabur India has stated that the acquisition is being done by its another step down wholly owned subsidiary Dermoviva Skin Essentials Inc, instead of Dabur South Africa (Pty).

The acquisition cost for D and A Cosmetics is South African Rand 4,02,69,600 and for  Atlanta Body its South African Rand 17,30,400. Further, the indicative period for completion of the registration will be up to March 31,2018 or any other such date as may be mutually agreed.

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