Unilever to Acquire Horlicks and Other Consumer Healthcare Nutrition Products From GSK

The transaction consists of three elements: – – – • all-Equity Merger of Hindustan Unilever Ltd (HUL) with the publicly listed GSK Consumer Healthcare India (GSK CH India), – • acquisition of 82% stake in GSK Bangladesh Limited (GSK Bangladesh), and – • acquisition of certain other commercial operations and assets outside India. – – – Unilever's share of the total consideration is €3.3bn payable using a combination of cash, and shares in its listed subsidiary in India, Hindustan Unilever…

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Source: WebWire
Unilever to Acquire Horlicks and Other Consumer Healthcare Nutrition Products From GSK