Deal snapshot: CVSL TO ACQUIRE UK DIRECT-TO-CONSUMER COMPANY KLEENEZE.
MANews-(C)2009-2015
US-based direct-to-consumer seller CVSL Inc. (NYSE: CVSL) has signed an agreement to acquire UK-based direct-to-consumer company Kleeneze, the company said on Friday. Under the terms of the agreement, CVSL will purchase 100% of the shares of Kleeneze from Findel PLC. Both the CVSL and Findel boards have approved the terms. It is anticipated that closing will take place by the end of 1Q15.
Country: USA
Sector: Wholesale/Retail
Target: Kleeneze
Buyer: CVSL Inc
Deal size in...
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