Market Chatter: Unilever's Acquisition of Dr Squatch Valued at $1.5 Billion

01:41 AM EDT, 06/27/2025 (MT Newswires) -- Unilever (ULVR.L, UNA.AS) will pay $1.5 billion to acquire personal care brand Dr Squatch from private equity firm Summit Partners, London's Financial Times reported Friday, citing people familiar with the matter. The transaction, announced Monday, forms part of the consumer goods giant's strategy to pivot towards higher-growth areas within its portfolio, the report said. Unilever did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)