India, Hindustan Unilever and 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.
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, posts marginal Q3 profit rise
(Reuters) -Consumer firm Hindustan Unilever said it will buy a majority stake in the 'Minimalist' skin care brand and reported a marginal rise in third-quarter profit on Wednesday, lifted by festive season demand and an ongoing recovery in rural markets.
Hindustan Unilever to acquire Peak XV-backed Minimalist for over $340M
Hindustan Unilever will initially acquire a 90.5% stake in the direct-to-consumer brand through secondary buyouts and primary investment, with the remaining 9.5% to be purchased from founders in two years,
Hindustan Unilever Acquires 90% Stake In Skincare Brand Minimalist For Rs 2,955 Crore
FMCG giant Hindustan Unilever Limited (HUL) has acquired a 90.5 per cent stake in a skincare startup, Minimalist for Rs 2,955 crore in an all-cash transaction, the company announced alongside its quarterly results on Wednesday.
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 significant expansion in its premium beauty segment. The deal, set to close in the June quarter pending regulatory approval,
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 ...
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 ...
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India showcased its economic strength at Davos, attracting over Rs 20 lakh crore in investment commitments, with Maharashtra leading the charge. The delegation, led by Union Ministers and state ...
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India's Trust Gains Momentum at World Economic Forum
During the World Economic Forum Annual Meeting, Indian leaders remarked on global trust in India, mirrored by massive investment commitments. Maharashtra secured the largest investments. Indian ...
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 ...
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 ...