Best World buys 49.9% stake in UK beauty firm Pedal Pulses

Singapore

SKINCARE distributor Best World International - currently under probe over its sales model in China - is looking to acquire up to 100 per cent of the shares in UK-based Pedal Pulses, which sells products and treatments for feet, hands and legs.

Mainboard-listed Best World and its wholly-owned subsidiary, Best World Investments Pte Ltd (BWIPL), have inked a sale and purchase agreement with Pedal Pulses' three shareholders: Margaret Dabbs, Ian Richardson and Jonathan Day.