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UNILEVER HORLICKS
A new-age thirst for beverages is emerging as a key force in India's consumer goods marketBeverage industry in India: Indian companies are seeing strong growth in drinks like coffee, ready-to-drink options, and protein beverages....- Premiumisation, digital push, and India’s consumption story: Inside HUL’s growth blueprintHindustan Unilever Ltd remains optimistic about India's future growth. The company is focusing on increasing consumption, premium products,...
- Hindustan Unilever bets on price hikes, cost cuts to counter Mideast-driven pressuresHindustan Unilever reported an 18% profit jump. The company is using cost cuts and price hikes to manage volatility from the Middle East wa...
- HUL rebuts divestment buzz, says foods business ‘core’ as Unilever confirms talks after inbound offerHindustan Unilever has denied speculation of divesting its foods business, stating it remains a core and attractive segment. Parent Unileve...
- Unilever may write back ₹59mn provision without ‘goodwill’Hindustan Unilever announced the acquisition of GSK Consumer Healthcare in an all-stock deal two years ago, valuing the Indian business of ...
- Unilever expects income tax dept questions on Horlicks deal tax math from GlaxoSmithKline PlcExperts said HUL has an opportunity to claim tax depreciation on the goodwill and other intangibles in the books, but this interpretation c...
- GSK selling $3.45 bln stake in Hindustan Unilever: SourceGlaxoSmithKline is selling $3.45 billion worth of shares in Unilever's Indian business on the open market, one of the bookrunners organisin...
- 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 gives boost to HUL shares; brokerages bullishMotilal Oswal Financial Services maintained ‘Buy’ on HUL with a target price of Rs 2,425.
- Strong HUL can make Horlicks buy workDouble-digit growth potential in medium term, 800-1,000 bps margin expansion likely.
- 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.
- HUL board to meet on April 1 to declare merger with GSKCHHindustan Unilever Ltd (HUL) and GSKCH have received approval from the Mumbai and Chandigarh bench of the National Company Law Tribunal, re...
- 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.
- 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...
- 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 ...
- How Unilever's departing CEO outbid Nestle in Horlicks racePaul Polman agreed to pay about $1 billion more than his closest rival Nestle for GSK's consumer business.
- 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...
- With $3.4B cash bid, Unilever may bag GSK’s nutrition businessThe deal, if finalised, will strengthen Unilever’s position in India, its most important emerging market.
- Why Horlicks may not be such a sweet deal for UnileverUnilever’s purchase of GSK's unit, including Horlicks, comes as Indians lose their taste for sugary drinks.
- Nestle seeks to pip Unilever to grab GSK’s consumer nutrition business as Coca-Cola opts outGSK Consumer Healthcare shares have climbed about 10% this year, outperforming the Sensex gain of 3.6%, taking it to a market cap of Rs 30,...
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