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Monday, December 3, 2018

Horlicks sold, HUL to merge with GSK Consumer in India's biggest consumer goods deal ET Bureau|Updated: Dec 03, 2018, 03.00 PM IST

 horlics-Agenceis

Highlights

  • The transaction is worth Rs 31,700 cr
  • The all-equity merger deal includes an exchange ratio of 4.39 HUL shares
  • With the HUL deal, the 140-year old brand will retain its British ownership


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