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Business |Beauty

Unilever sells grooming brand Dollar Shave Club

Consumer goods conglomerate Unilever has sold men’s grooming brand Dollar Shave Club to US-based private equity firm Nexus Capital Management LP for an undisclosed amount. Unilever, which acquired the men’s grooming brand in 2016, said in a statement that it would retain a minority shareholding of 35 percent. The American company offers a range...

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