Trilogy's share price plumped up by acquisition announcement
The news has helped stall a downwards stock price spiral.
Calida Smylie Thu, 29 Jun 2017
Trilogy International’s share price has bounced up more than 10% after the listed skincare company disclosed it had bought control of a rival.
Trilogy will pay $12.5 million upfront in cash for 80% of Lanocorp New Zealand, which makes beauty products such as Lanocreme, By Nature and Tiaki, with