GSK selling $3.45 billion stake in Hindustan Unilever
GSK struck a deal to fold its Indian business - whose main product is Horlicks - into Unilever`s Indian unit Hindustan Unilever in exchange for shares in the combined group.
May 07, 2020, 09:49 AM IST
Unilever emerges as leading bidder for GSK's Horlicks business
Other bidders include Coca-Cola Co, which has been looking to expand in emerging markets.
Nov 28, 2018, 15:54 PM IST
GSK to sell Horlicks; Nestle, other food groups likely suitors
They estimated the consumer health nutrition business, which also has smaller operations in Nigeria and Bangladesh, could fetch more than $4 billion.
Mar 28, 2018, 07:36 AM IST
