Germany-based Beiersdorf has sold the Juvena and Marlies Möller brands to Troll Cosmetics as it aims to focus its resources in the selective skin care market.
The consortium led by German coffee company Tchibo has signed an
agreement to purchase a 40 per cent holding in Nivea creams maker
Beiersdorf from German insurer Allianz, upping the stakes in a
potential takeover bidding war between...
