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India, Hindustan Unilever
India's Hindustan Unilever drops to 8-month low on margin concerns
Shares of Hindustan Unilever fell as much as 3.5% on Thursday to their lowest level since May after the Indian consumer goods maker forecast near-term margin pressure. The stock was the top loser on the benchmark Nifty 50 index,
Unilever India unit set to acquire beauty brand Minimalist
Unilever’s India unit is acquiring Indian premium beauty brand Minimalist. Hindustan Unilever (HUL) announced it will take a 90.5% stake in the company for a value of 29.55bn rupees (US$342.3m), including debt. HUL also said that within two years Minimalist would be owned wholly by them.
Unilever’s India Unit Will Acquire Premium Beauty Brand Minimalist
PARIS — Unilever ’s India unit is acquiring Minimalist, a premium beauty brand born in India. Financial terms of the deal were not disclosed. But Hindustan Unilever Ltd. said it is taking a 90.5 percent stake in the company through secondary buyouts plus primary infusion. Within two years, HUL should own the entirety of Minimalist.
Unilever's India unit to buy 'Minimalist' beauty brand, sees near-term margin pressure
By Praveen Paramasivam and Ananta Agarwal (Reuters) -Consumer goods maker Hindustan Unilever said on Wednesday it would buy the 'Minimalist' skin care brand and projected near-term margins at the lower end of its forecast range as it grapples with slowing urban demand.
1d
Unilever India’s Profit Beats Estimate on One-Time Gains
Hindustan Unilever Ltd. posted quarterly profit that beat estimates boosted by one-time gains even as the consumer goods ...
1d
Unilever's India unit posts marginal Q3 profit rise on recovery in rural demand
Indian consumer firm Hindustan Unilever reported a marginal rise in third-quarter profit on Wednesday, lifted by festive ...
Press Trust of India on MSN
15h
Hindustan Unilever stock declines nearly 4 pc after earnings disappoint investors
Shares of Hindustan Unilever Ltd declined nearly 4 per cent in the morning trade on Thursday after the FMCG major's December ...
1d
Hindustan Unilever to acquire Peak XV-backed Minimalist for over $340M
The deal gives Unilever’s Indian unit a stronger foothold in the premium beauty segment, adding to its portfolio of brands ...
1d
Hindustan Unilever acquires 90% stake in Minimalist for Rs 2,955 crore
FMCG major Hindustan Unilever Limited has acquired 90.5 percent stake in skincare startup for Rs 2,955 crore in an all cash ...
1d
Unilever to set up palm oil unit in Kamareddy
In a major development, the world-renowned FMCG company Unilever has announced plans to establish production units in the ...
DMR News (English) on MSN
1d
Hindustan Unilever Bolsters Beauty Portfolio with $342M Minimalist Acquisition
Hindustan Unilever announced its agreement to acquire beauty startup Minimalist for approximately $342 million, marking a ...
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