Alberto-Culver shareholders OK acquisition by Unilever

LONDON and ROTTERDAM, Netherlands — Unilever has confirmed that Alberto-Culver shareholders have approved the proposed $3.7 billion Unilever acquisition, which was announced in September.

Separately, Unilever confirmed that it has received a second request for information from the United States Department of Justice in the regulatory review process. Unilever noted that it will continue to work with the DOJ in connection with its review.

The proposed acquisition includes such brands as TRESemme, Alberto VO5, Nexxus, St. Ives and Simple. The brands will complement Unilever's existing portfolio, which includes such brands as Dove, Clear and Sunsilk in hair care, and Pond's and Vaseline in skin care.

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