Hindustan Unilever has agreed to acquire beauty startup Minimalist for about $342 million, as the consumer goods giant seeks to expand in India’s fast-growing premium skincare market.
Unilever, a global fast-moving consumer goods (FMCG) company operating as Hindustan Unilever in India, has announced plans to set up two manufacturing units in Telangana. The units would include a ...
Jan 31 (Reuters) - Unilever Plc (ULVR.L), opens new tab is evaluating options, including a New York listing, for its ice cream business, which is the biggest market for its brands such as Ben ...
Photo Credit: Reuters Fast-moving consumer Goods (FMCG) maker Hindustan Unilever announced the acquisition of haircare and skincare brand Minimalist at a pre-money valuation of ₹2,955 crore.
FMCG major Hindustan Unilever Limited has acquired 90.5 percent stake in skincare startup for Rs 2,955 crore in an all cash deal, the company said while announcing its quarterly results on January 22.
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The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.