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GSK CONSUMER MERGER
GSK launches global oral care brand Polident in IndiaDental experts and chemists will play a critical role in establishing the category in India, GSK said in the statement. “The company will w...- GSK, Horlicks to sell HUL shares worth Rs 26,000 crore todayJP Morgan, Morgan Stanley and HSBC are the book runners to the trade.
- GSK preparing to start Rs 28,000 crore stake sale in HULET Now, quoting agencies, said GSK PLc is likely to start the discussion of its stake in the next few days.
- GSK merger would help in driving innovation and value for HUL: Chairman Sanjiv MehtaIn December 2018, it was announced that GSK Consumer Healthcare will merge with HUL an all-stock deal, valuing the Indian unit of GSK at Rs...
- HUL acquires Horlicks from GSK for Rs 3,045 croreGSK brands like Horlicks, Boost, Maltova and Viva have come to HUL’s portfolio as part of the merger.
- NCLT clears GSK-HUL merger, paves way for GSK Plc’s exit through huge block dealOfficials aware of the developments say Morgan Stanley is readying the share sale process.
- GSK weighs multi-billion New Year bonanza by cashing out HUL stakeThe company is hoping to cash out what will be a near 6 per cent stake in HUL.
- GSK consumer MD to head residual business post HUL deal completionThe unlisted entity has brands like Sensodyne toothpaste, Crocin analgesic and Iodex pain balm. The majority of GSK Consumer’s India portfo...
- GSK Consumers Healthcare gets shareholders' approval for merger with HULThe company has received 99.99 per cent votes in favour of the scheme of amalgamation.
- GSK Consumer Q3 profit rises 35% to Rs 221 croreThe company's total income stood at Rs 1,241.07 crore, up 12.82 per cent.
- Won’t transfer key technology to HUL: GSK Consumer to CourtUnilever Plc’s India unit said on December 3 it would merge GSK Consumer with itself in an all-stock deal that will give it access to Horli...
- HUL expects merger with GSK Consumer Healthcare to complete in next 6-9 monthsOn December 3, 2018, HUL had informed that its board has approved the merger with GSKCH India through an-all equity deal, valuing the total...
- GSK Consumer Healthcare to fight case against tech transferGSK Consumer Healthcare said it will contest an attempt by Steer Engineering to block the transfer of technology that quickens the process ...
- Unilever used HUL buyback gains to secure GSK health dealUnilever bought back HUL shares at Rs 600 apiece 5 years ago which has appreciated to Rs 1,700 now. Unilever diluted 5.3% HUL stake in GSK ...
- Teams to plan staff integration or separation in GSK-HUL dealGSK chief strategy officer said there is no clause in the deal that HUL has to retain all GSKCH employees.
- HUL to pour Horlicks into its portfolio with GSK dealUnilever edged past Nestle, the world’s largest food and drinks company, in a closely fought battle.
- HUL’s earnings likely to rise 4% post GSK Consumer dealHUL has invested almost Rs 3,000 crore in the foods business over the last 10 years.
- GSK Consumer jumps over 1% on merger with HULThe scrip was 1.57 per cent up at Rs 7,383.85 at around 02.27 pm.
- Considering possible deal and merger of Indian unit: GlaxoSmithKlineIn response to recent press speculation, GSK confirms that consideration is being given to a potential transaction that includes a merger o...
- GSK exploring merger, share swap with potential buyersGSK had conducted an internal analysis involving tax experts in Europe and India and a handful of external tax consultants in UK to discove...
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