| Log in

Unilever cleared to increase Hindustan stake from June 21

13 June, 2013

Unilever said on Thursday it would start to increase its stake in its Hindustan business from June 21 after it gained approval from the Indian market regulator.

The Anglo-Dutch giant said in April it would pay up to $5.4 billion to raise its stake in its Indian subsidiary, India’s largest consumer goods maker, to as much as 75 percent from 52 percent at present.


Leave Your Comment
Unilever hikes stake in HUL to 67% for $3.2B

Unilever hikes stake in HUL to 67% for $3.2B

TEAM VCC 4 years ago
Unilever Plc, the world’s second largest consumer goods company, has increased...
Unilever seeks to hike stake in Hindustan Unilever up to 75% with $5.4B offer

Unilever seeks to hike stake in Hindustan Unilever up to 75% with $5.4B offer

TEAM VCC 4 years ago
Unilever Plc, the world’s second largest consumer goods company, has made a...
Govt To Sell Stakes In 60 PSUs

Govt To Sell Stakes In 60 PSUs

Reuters 8 years ago
Finance ministry is in talks with other ministries for selling stakes in around...
No Comments

Unilever cleared to increase Hindustan stake from June 21

Powered by WordPress.com VIP