Unilever RUS Completes Concern Kalina’s Shares Consolidation

20 July 2012 (09:20)

Unilever’s Russian daughter enterprise Unilever RUS completed the consolidation of a 100% shareholding in the cosmetics manufacturer Concern Kalina, Interfax reports.

The buyout of 33,546 ordinary shares (about 0.52% of the company’s authorized capital) went through the day before. The shares were sold by both private individuals and legal entities.

It was reported earlier that the price of the remaining 0.52% of shares would come to 4,267 RUR apiece. The agreement to buy an 82% shareholding in Concern Kalina was signed in October 2011. In December, Unilever announced the deal was closed.

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