Hindustan Unilever Ltd acquires a 90.5% stake in premium beauty brand Minimalist for Rs 2,715 crore, marking its strategic expansion. CEO Rohit Jawa highlights the move as crucial for future ...
HUL Stock price fell over 3% in early trade as investors reacted negatively to its Q3 results despite a 19% rise in net profit. Listen to Story HUL stock struggles after reporting Q3 results Shares of ...
Shares of FMCG major Hindustan Unilever (HUL) tumbled nearly 4% in early morning trade on Thursday, January 23, to an 8-month low of ₹2,254 apiece. This decline followed the company's indication ...
HUL shares fell 3.6% after Q3 results showed a 19% YoY rise in net profit to Rs 3,001 crore due to a one-time gain, but flat underlying volume growth. Analysts remain cautious, citing weak product mix ...
Indian benchmark indices managed to settle with decent gains, following a volatile trading session, on the back of strength in the banking stocks. BSE Sensex jumped 566.63 points, or 0.75 per cent ...
HUL will secure 90.5 per cent of Uprising Science, the parent company of Minimalist, through a combination of secondary buyouts and primary infusion, with plans to acquire the remaining 9.5 per ...
Hindustan Unilever (HUL) on Wednesday announced it has signed a definitive agreement to acquire 90.5 per cent in premium actives-led beauty brand Minimalist through secondary buyouts at a pre-money ...
"HUL's acquisition of a 90% stake in Minimalist for Rs 2,955 crore is a BIG BIG WIN for the entire Indian D2C ecosystem," said Aman Gupta, Co-Founder and CMO at boAt Lifestyle, in a social media post.
HUL's Minimalist buy indicates company's focus on Beauty & Wellbeing portfolio in high-growth premium demand spaces. Hindustan Unilever has bought 90% stake in Minimalist for an enterprise value ...
The Board of Directors of Hindustan Unilever (HUL) at its meeting held today, approved a scheme of arrangement, between HUL and its wholly-owned subsidiary, Kwality Wall's (India) to demerge HUL ...
HUL demerger of ice cream business on January 22: Apart from that, HUL has acquired a 90% stake in Minimalist. (Image: Reuters) While the investors who hold shares of HUL will receive shares of ...