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Unilever to more than double its water purification business via acquisition
SHANGHAI, LONDON and ROTTERDAM — Unilever has acquired a majority stake in the Qinyuan Group, a Chinese water purification business — marking Unilever’s largest acquisition in China for more than 10 years.
Financial terms of the deal were not disclosed. Qinyuan generated sales approaching €140 million for the 12-month period Dec. 31.
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5-Hour Energy heads to Twitter to perk up
FARMINGTON HILLS, Mich. — 5-hour Energy on Monday will head over to Twitter in an effort to help battle the fatigue that comes with losing an hour of sleep to Daylight Savings Time. Throughout the day, anyone who tweets a picture of their tired face with the hashtag #ShowUsYourTiredFace will be entered to win a six-pack of energy shots.