Parachute hair oil maker Marico acquires Vietnamese Beauty X Corp
Image Credit: FPJ
India's consumer goods major Rs 95 billion turnover Marico Ltd's subsidiary Marico South-East Asia Corporation (MSEA) has inked an agreement to acquire Vietnamese Beauty X Corporation for about Rs 172 crore. The transaction is expected to be completed by March 31, 2023, subject to requisite regulatory approvals and customary closing conditions.