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Hindustan Unilever, Minimalist
Hindustan Unilever to acquire Peak XV-backed Minimalist for over $340M
The deal gives Unilever’s Indian unit a stronger foothold in the premium beauty segment, adding to its portfolio of brands like Dove, Pond’s, and Lakmé. Minimalist, known for its actives-led skincare products, reported annual revenue run rate of over ₹5 billion and has been profitable since inception.
Hindustan Unilever acquires over 90% stake in premium skincare brand Minimalist for ₹2,955 crore
Hindustan Unilever Ltd announced the acquisition of premium skincare brand Minimalist for ₹2,955 crore on Wednesday, January 22. HUL’s beauty and wellbeing segment, which it aims to boost with the Minimalist acquisition,
Unilever India unit set to acquire beauty brand Minimalist
Unilever’s India unit is acquiring Indian premium beauty brand Minimalist. Hindustan Unilever (HUL) announced it will take a 90.5% stake in the company for a value of 29.55bn rupees (US$342.3m), including debt. HUL also said that within two years Minimalist would be owned wholly by them.
Hindustan Unilever Bolsters Beauty Portfolio with $342M Minimalist Acquisition
Hindustan Unilever announced its agreement to acquire beauty startup Minimalist for approximately $342 million, marking a significant expansion in its premium beauty segment. The deal, set to close in the June quarter pending regulatory approval,
9h
Hindustan Unilever outperforms competitors despite losses on the day
Hindustan Unilever Ltd. 500696 shares inched down 0.86% to 2,322.90 Indian rupees Thursday, on what proved to be an ...
13h
on MSN
India's Hindustan Unilever drops to 8-month low on margin concerns
Shares of Hindustan Unilever fell as much as 3.5% on Thursday to their lowest level since May after the Indian consumer goods ...
devdiscourse
5h
Hindustan Unilever Disappoints Investors with Flat Stock Performance Despite Profit Rise
Hindustan Unilever's stock fell slightly after its December quarter earnings report failed to impress investors despite a ...
Press Trust of India on MSN
8h
Hindustan Unilever stock declines nearly 4 pc after earnings disappoint investors
Shares of Hindustan Unilever Ltd declined nearly 4 per cent in the morning trade on Thursday after the FMCG major's December ...
3h
Buy Hindustan Unilever; target of Rs 2755: Sharekhan
Sharekhan is bullish on Hindustan Unilever has recommended buy rating on the stock with a target price of Rs 2755 in its ...
14h
Hindustan Unilever Ltd net up by 19 per cent in Q3, surpasses Street estimates
FMCG giant clocked a net profit of Rs 3,001 crore during the quarter compared with Rs 2,519 crore in the year-ago period, ...
1d
on MSN
Unilever's India unit to buy 'Minimalist' beauty brand, posts marginal Q3 profit rise
(Reuters) -Consumer firm Hindustan Unilever said it will buy a majority stake in the 'Minimalist' skin care brand and ...
3h
Buy Hindustan Unilever; target of Rs 2850: Motilal Oswal
Motilal Oswal is bullish on Hindustan Unilever has recommended buy rating on the stock with a target price of Rs 2850 in its ...
1d
Unilever India’s Profit Beats Estimate on One-Time Gains
Hindustan Unilever Ltd. posted quarterly profit that beat estimates boosted by one-time gains even as the consumer goods ...
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