Marico enters Egypt, buys hair care brand FianceeOur Web Bureau / Mumbai September 13, 2006Marico today announced the acquisition of hair care brand Fiancee, hitherto owned by Egypt-based Ready Group.According to a release issued by Marico to the BSE today, the deal, for an undisclosed consideration, envisages acquisition of the brand by Marico, direct investment in Egypt and a non-compete clause.The consideration for the deal will be paid out over the next six months in two tranches based on the brand
