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.
Shares of Hindustan Unilever fell as much as 3.5% on Thursday to their lowest level since May after the Indian consumer goods ...
Mumbai, Jan. 22 -- Hindustan Unilever (HUL), India's largest FMCG company, has announced the acquisition of a 90.5% stake in the Jaipur-based direct-to-consumer (D2C) beauty brand Minimalist, media ...
Brokerages cut target prices on HUL as near-term performance likely to remain muted due to weakness in urban demand.
Analysts expect that HUL's announcement beyond its Q3 earnings such as the approval of the demerger of the company's ice cream business as well as acquisition of Minimalist brand may lend some support ...
Indian consumer firm Hindustan Unilever reported a marginal rise in third-quarter profit on Wednesday, lifted by festive ...
Hindustan Unilever Ltd. posted quarterly profit that beat estimates boosted by one-time gains even as the consumer goods ...
Palm oil, a key feedstock, continued to impact profitability, with its prices up 40 per cent y-o-y. Tea prices, also, ...
Hindustan Unilever Ltd. 500696 shares inched down 0.38% to 2,345.35 Indian rupees Monday, on what proved to be an all-around ...
FMCG major Hindustan Unilever released its Q3 FY25 earnings today. The company was expected to report a modest net profit ...
Hindustan Unilever Ltd has reported a significant 19.18% increase in its consolidated net profit for the December quarter, ...
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