VLCC plans for Rs 100 crore acquisition

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Oct 8, 2012: The beauty care and slimming services provider in India, VLCC is planning to acquire Malaysian firm Wyann International for Rs 100-150 crore to make its presence in the South East Asian market. If the deal comes through, it will be the largest in the Indian wellness space. Wyann owns exclusive wellness brands like BizzyBody and distributes skin care products in the SE Asian market. This deal would help VLCC to open up wellness centres in Malaysia and Thailand.