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dabur: Dabur buys entire stake in Asian Consumer Care

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Packaged consumer goods maker through its subsidiary Dabur International has acquired the entire stake in Bangladesh-based Asian Consumer Care from its joint venture partner Advanced Chemical Industries for about ₹51 crore, it said in a stock exchange filing.

Dabur held 76% in the firm before acquisition of the remaining 24% held by Advanced Chemical Industries through

International. The company has acquired 24% for Rs 60 crore Bangladeshi taka which, according to the present exchange rate, comes to around ₹51 crore.

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