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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 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,
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,
Hindustan Unilever Acquires 90% Stake In Skincare Brand Minimalist For Rs 2,955 Crore
Minimalist raised Rs 110 crore ($15 million) from Unilever Ventures, the venture arm of Unilever, which also operates HUL in India, to scale its business
Unilever's India Unit Will Acquire Premium Beauty Brand Minimalist
PARIS - Unilever's India unit is acquiring Minimalist, a premium beauty brand born in India. Financial terms of the deal were not disclosed. But Hindustan Unilever Ltd. said it is taking a 90.5 percent stake in the company through secondary buyouts plus primary infusion.
13h
Hindustan Unilever outperforms market on strong trading day
Hindustan Unilever Ltd. 500696 shares rallied 1.98% to 2,368.90 Indian rupees Friday, on what proved to be an all-around poor ...
1d
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 ...
2d
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 ...
1d
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 ...
18h
Accumulate Hindustan Unilever; target of Rs 2610: KR Choksey
KR Choksey recommended accumulate rating on Hindustan Unilever with a target price of Rs 2610 in its research report dated ...
2d
Unilever's India unit posts marginal Q3 profit rise on recovery in rural demand
Indian consumer firm Hindustan Unilever reported a marginal rise in third-quarter profit on Wednesday, lifted by festive ...
ndtvprofit
2d
Hindustan Unilever Share Price Snap Two-Day Fall Ahead Of Earnings
Bloomberg's consensus estimates show that Hindustan Unilever is likely to report Rs 2,659.06-crore net profit.
1d
Hindustan Unilever Q3: Brokerages cut target prices on weak near-term demand outlook, urban slowdown weighs; stock slips 3%
Brokerages cut target prices on HUL as near-term performance likely to remain muted due to weakness in urban demand.
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