HUL Completes Acquisition Of 90.5% Stake In Minimalist

HUL said that it completed the acquisition via a combination of primary infusion and secondary sales in an all-cash deal totalling INR 2,706.44 Cr

With this, Uprising Science and its subsidiaries have now become subsidiaries of HUL, the FMCG giant added

This comes a month after the Competition Commission of India (CCI) approved HUL’s proposal to acquire a majority stake in the D2C personal care brand

FMCG major Hindustan Unilever Ltd (HUL) said it has completed the…