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Mergers & Acquisitions: Consolidation for growth in the beauty space

Mergers & Acquisitions: Consolidation for growth in the beauty space

Globally, mergers and buyouts are common practices where one conglomerate has either acquired all the assets and liabilities of another company, or one has been bought over by a corporate giant purely for business growth. While in the Indian corporate scenario it has been a regular feature, in the Beauty and Wellness space, per se, it is still a relatively new concept with business houses still wanting to remain politically correct while sharing the details. Salon India reports