Unilever’s Acquisition of TIGI

On January 26, 2009, Unilever announced that it has signed an agreement to acquire the global TIGI professional hair product business and its supporting advanced education academies for a cash consideration of $411.5 million. TIGI haircare products are sold worldwide primarily to and through hair salons; major brands include Bed Head®, Catwalk® and S-Factor®. Subject to regulatory approval, the deal is expected to be completed by the end of March 2009.

The lawyers involved in this acquisition are partners Mark I. Greene and Peter S. Wilson and associates Susan K. Jong, David W. Azarkh, Elissa J. Tobin, Christopher R. Moore and Carlo Zenkner on corporate matters; partner Michael L. Schler and associate Joanne J. Lee on tax matters; partner Eric W. Hilfers and associates Lori Diamond Goodman and Amanda J. Albert on executive compensation and benefits matters; senior attorney Gregory J. Battista on environmental matters; and senior attorney John Gerhard on real estate matters.