Date:22/11/2008 URL: http://www.thehindu.com/2008/11/22/stories/2008112256071400.htm

Business

Dabur buys stake in Fem Care

NEW DELHI: Dabur India acquired a majority stake in Mumbai-based Fem Care Pharma Ltd. (FCPL), a leading player in the women’s skin care products market, for Rs. 204 crore in an all-cash deal. The company said it had acquired 72.15 per cent stake in FCPL and would make an open offer for an additional 20 per cent shares as required under the takeover regulations.