China's Fosun to buy Dead Sea cosmetics maker Ahava for $77 mln

SHANGHAI, April 11 (Reuters) - Chinese conglomerate Fosun Group said it has agreed to buy Dead Sea cosmetics manufacturer Ahava for 290 million shekels ($77 million), a deal that will help it to tap increasing demand for health-focused and personal care products in China. [Source]

Origin: us.feedsportal.com

Category: industrialsSector

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Source: http://reuters.us.feedsportal.com/c/35217/f/654235/s/4ed9f29e/sc/28/l/0L0Sreuters0N0Carticle0Cahava0Ema0Efosun0EidUSL3N17E1FH0DfeedType0FRSS0GfeedName0FindustrialsSector/story01.htm