Wipro Buys Unza

Wipro Ltd. has acquired Unza Holdings Ltd. from Actis and Standard Chartered Private Equity for $246 million. Unza manufactures and markets skin and hair care products for the Southeast Asia market, with manufacturing plants in Malaysia, Vietnam, China and Indonesia. Actis and SCPE co-led a $100 million management buyout of Unza in 2004. www.unza.com