Hindustan Unilever Ltd (HLL.NS)
LONDON Unilever is to buy GlaxoSmithKline's Horlicks nutrition business for $3.8 billion (2.98 billion pounds), boosting the Anglo-Dutch group's position in India by adding the popular malted drink.
LONDON Unilever is to buy GlaxoSmithKline's Horlicks nutrition business for $3.8 billion, boosting the Anglo-Dutch group's position in India by adding the popular malted drink.
* To pay 3.3 billion euros in cash and shares in India unit (Adds segment performance, background)
Dec 3 Indian stocks rose on Monday after a truce in trade relations between the United States and China, while shares in Hindustan Unilever jumped after its deal involving GlaxoSmithKline's Horlicks nutrition business.
Oct 12 India's consumer major Hindustan Unilever Ltd reported a 19.5 percent rise in its September-quarter profit, beating analysts' estimates, as sales at its home-care segment jumped.
Sept 3 Indian shares reversed course to end lower in the final hour of trade on Monday, tracking global cues, with the Indian rupee hitting a record low and crude prices on the climb.
July 16 Consumer goods maker Hindustan Unilever Ltd posted a 19 percent rise in its first-quarter profit on Monday but slightly missed analysts' expectations as cost of materials climbed.