[Aromatherapy, Essential Oils, Extracts online] Unilever Moves Ahead with Concern Kalina Acquisition

Unilever announced that, in regard to its October announcement about its 82% acquisition of Russian beauty company Concern Kalina, Unilever has obtained the necessary regulatory clearances in Russia and Ukraine and hascompleted the acquisition of 82% of the outstanding shares of Concern Kalina. The transaction will transform Unilever’s beauty business in Russia, giving it leading positions in skin care and hair care, as well as establishing a presence in oral care. It will also strengthen and rebalance Unilever’s portfolio and competitiveness in Russia, an emerging market with considerable potential and one of Unilever’s priority countries.

The amount paid to acquire the 82% stake is approximately RUB17.4 billion, approximately RUB0.7 billion higher than the amount previously announced, reflecting a number of adjustments in respect of cash equivalent items. The enterprise value for 100% of Concern Kalina is unaffected and remains approximately RUB25.9 billion. Also, Unilever plans to cause Concern Kalina to delist the shares from the Russian Trading System (RTS) and MICEX stock exchanges in December 2011.

On or about January 10th, 2012 Unilever will offer to acquire all of the remaining Concern Kalina shares in Russia. The price per share is expected to be RUB 4,267.92, as the highest price Unilever paid to the selling shareholders, but the final amount will be determined by Russian law. Concurrently, Unilever will offer to all holders of Concern Kalina’s American Depositary Shares (ADSs) and Global Depositary Shares (GDSs) a price per ADS/GDS equal to RUB 4,267.92, without interest and less any fees, currency conversion expenses, applicable taxes and government charges. This amount will be converted to U.S. dollars on or about the date that Unilever pays for the Concern Kalina shares tendered in the Russian offer and move the total sale forward.

In addition, if after consummation of the offer, Unilever and its affiliates own shares representing more than 95% of the outstanding shares of Concern Kalina, Unilever intends to purchase any Concern Kalina shares (including those represented by ADSs/GDSs) not owned by Unilever and its affiliates at a price determined by Russian law.

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[Aromatherapy, Essential Oils, Extracts online] Avon to Split CEO, Chairman Roles

Avon Products, Inc. announced that in 2012 the company will separate the roles of chairman and CEO. The company said Andrea Jung, Avon's chairman and CEO, will be named executive chairman, and that a committee of the board of directors will work with Jung to undertake an external search for a CEO. Jung will continue to serve in her dual roles throughout the recruitment process and will work closely with the new CEO to assure a successful transition.

"I believe the time is right to separate the chairman and CEO roles, and I look forward to continuing to serve Avon as chairman as we address the company's growing scale and opportunities," said Jung, who has been Avon's CEO since 1999. "Over the past 12 years we have transformed the business from a decentralized group of local operating entities to a globally managed business in more than 100 countries with global brands and a global operating model. In the process, revenues have more than doubled, and the number of representatives has doubled as well. As we look to the future, Avon's business model remains advantaged, with both the beauty and direct selling industries growing around the world, and with our broad, geographic footprint. A new CEO will provide a fresh lens and additional operational and executive leadership."

Fred Hassan, managing director and partner, Warburg Pincus LLC, and Avon's lead independent director added, "Avon's board of directors fully supports Andrea and appreciates her commitment to continue to serve the company as executive chairman and assure a smooth and successful management transition. Separating the chairman and CEO roles as well as strengthening overall management capabilities are important steps to help the company capture its future opportunities. The board looks forward to continuing to work closely with Andrea and the new CEO to put the company back on a growth track."

Jung said that in her role as executive chairman she will work closely with the new CEO in support of the company's overall strategic direction and brand positioning. She will continue to be involved in maintaining strong relationships with Avon's key constituencies, including her role in motivating the company's millions of representatives, and her advocacy on behalf of the Avon Foundation for Women.

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[Aromatherapy, Essential Oils, Extracts online] Nu Skin Breaks Ground on Shanghai Park

Nu Skin Breaks Ground on Shanghai Park inside cosmeceuticals - Innovation in Personal Care and Cosmetics View the original article here

[Aromatherapy, Essential Oils, Extracts online] The Leakey Collection ~ Marula Oil

The Leakey Collection ~ Marula Oil inside cosmeceuticals - Innovation in Personal Care and Cosmetics View the original article here

[Aromatherapy, Essential Oils, Extracts online] LUSH Cosmetics ~ The Karma Collection

LUSH Cosmetics ~ The Karma Collection inside cosmeceuticals - Innovation in Personal Care and Cosmetics View the original article here

[Beauty, Cosmetics, Style - Online Store] Post changed: Unilever Moves Ahead with Concern Kalina Acquisition

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beautycosmeticsstyle made the following changes to the “Unilever Moves Ahead with Concern Kalina Acquisition” [edit] post on 27 December, 2011 at 7:17 UTC

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Unilever Moves Ahead with Concern Kalina Acquisition

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		+	<P>Unilever announced that, in regard to its October announcement about its 82% acquisition of Russian beauty company Concern Kalina, Unilever has obtained the necessary regulatory clearances in Russia and Ukraine and hascompleted the acquisition of 82% of the outstanding shares of Concern Kalina. The transaction will transform Unilever's beauty business in Russia, giving it leading positions in skin care and hair care, as well as establishing a presence in oral care. It will also strengthen and rebalance Unilever's portfolio and competitiveness in Russia, an emerging market with considerable potential and one of Unilever's priority countries.</P><P>The amount paid to acquire the 82% stake is approximately RUB17.4 billion, approximately RUB0.7 billion higher than the amount previously announced, reflecting a number of adjustments in respect of cash equivalent items. The enterprise value for 100% of Concern Kalina is unaffected and remains approximately RUB25.9 billion. Also, Unilever plans to cause Concern Kalina to delist the shares from the Russian Trading System (RTS) and MICEX stock exchanges in December 2011.</P><P>On or about January 10th, 2012 Unilever will offer to acquire all of the remaining Concern Kalina shares in Russia. The price per share is expected to be RUB 4,267.92, as the highest price Unilever paid to the selling shareholders, but the final amount will be determined by Russian law. Concurrently, Unilever will offer to all holders of Concern Kalina's American Depositary Shares (ADSs) and Global Depositary Shares (GDSs) a price per ADS/GDS equal to RUB 4,267.92, without interest and less any fees, currency conversion expenses, applicable taxes and government charges. This amount will be converted to U.S. dollars on or about the date that Unilever pays for the Concern Kalina shares tendered in the Russian offer and move the total sale forward.</P><P>In addition, if after consummation of the offer, Unilever and its affiliates own shares representing more than 95% of the outstanding shares of Concern Kalina, Unilever intends to purchase any Concern Kalina shares (including those represented by ADSs/GDSs) not owned by Unilever and its affiliates at a price determined by Russian law.</P><BR class="clearfloat">
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She’s (Almost) Here: J.W. Watkins Baby Care http://ping.fm/PTYd1

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Essential Oils- Nutmeg

 

Nutmeg Oil aroma is reminiscent of Christmas, so they say. Rightly so, because a lot of Christmas goodies are flavoured with Nutmeg Oil.

Nutmeg is one of the world's most favourite spices. Botanically, it is called Myristica Fragrans, an equatorial tree, growing to about 70 feet, found in Grenada, Indonesia and the West Indies. The seeds are used to extract the essential oil. Manufacturers of nutmeg essential oil import the seeds from these countries.

Nutmeg is called the queen of spices, and no modern kitchen is without a nutmeg as one of its prized spices.

Aroma-therapeutic it is said to be a brain tonic, a nerve stimulant and relaxant. Nutmeg Oil is said to improve the sub-conscious health. Students and professionals alike, can benefit greatly from this oil.

The Chinese use Nutmeg oil to treat body pains, as an analgesic for the aching muscles and joints. Thus ailments like lumbago, rheumatism and arthritis benefit from Nutmeg oil use.

Due to its sedative and “warming” properties, Nutmeg oil is also called the "winter oil".

Its uses both in the culinary and aromatherapy are without a doubt legendary.

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