* Moscow terror attack: President Putin calls for ‘Humanism, Mercy’ as death penalty debate grows     * No Immediate Relief From High Court, Arvind Kejriwal To Stay In Custody     * 2 gambling scandals are now threatening pro sports, and the problems may run deeper     * No immediate dollar estimate on bridge damage or timeline for reopening, Buttigieg says     * REQUIEM FOR A RAPPER: Sex trafficking investigation against Diddy heating up

Jessica Alba’s company in takeover talks

Posted in Entertainment

Published on September 23, 2016 with No Comments

Hollywood actor Jessica Alba  is reportedly in early talks with bosses at consumer giant to purchase her hugely successful lifestyle brand. The 35-yearold Sin City star launched the company in 2012 with the aim of selling baby products and household items which do not contain harmful substances, and it was valued at over $1 billion (`6695.9 crore) last year. The company has since expanded into beauty and cosmetics, and is said to currently generate an estimated $300 million (`2008.7 crore) in annual revenue. Hollywood Reporter.

Its popularity has attracted the interest of executives of the British-Dutch multinational firm, who have entered into initial takeover discussions with Alba and her team. Their representatives have yet to comment on the news.

 

No Comments

Comments for Jessica Alba’s company in takeover talks are now closed.