Alberto-Culver to buy Noxzema
From Times Wire Services
Alberto-Culver Co., maker of Alberto VO5 and Tresemme shampoos, agreed to buy the Noxzema skin-care brand from Procter & Gamble Co.
Procter & Gamble will continue to run its Noxzema shaving, deodorant and body-wash business in parts of Western Europe, Alberto-Culver said in a statement. It didn’t specify the value of the transaction.