Helene Curtis talking

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Ending weeks of speculation, Helene Curtis Industries has confirmed it is in "contact with one or more parties who have expressed an interest in a possible business combination. As previously disclosed, the company's board of directors will be considering a proposal made in a letter from Shamrock Holdings of California Inc. that the Board `sunset' certain voting provisions in the company's corporate charter and/or sell the company." The company would not comment on suitors but they are said to include Unilever, Colgate-Palmolive, L'Oreal S.A. and Joh. A. Benckiser GmbH.

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