A federal judge rejected Johnson & Johnson’s third attempt to use bankruptcy to set up a multibillion-dollar trust fund to pay women who claim they got cancer using baby powder and other products allegedly tainted...
Haldiram Snacks announces Temasek as strategic investment partner
Haldiram Snacks Food on Sunday announced Singapore-headquartered global investment firm Temasek as a strategic investment partner with Temasek acquiring an equity stake in Haldirams. The announcement did not disclose...
Unilever to sell The Vegetarian Butcher brand to Vivera
Unilever said on Thursday it will sell its plant-based meat brand The Vegetarian Butcher to Netherlands-based Vivera.
The London-listed company did not disclose financial terms of the deal.
HUL shares in focus after CCI approves acquisition of skincare brand Minimalist
Shares of FMCG major Hindustan Unilever (HUL) will be in focus on Tuesday after the Competition Commission of India (CCI) approved the company’s proposal to acquire Uprising Science, the parent company of beauty and...
Hindustan Unilever gets CCI nod for Minimalist buy
The Competition Commission of India (CCI) has approved Hindustan Unilever Limited’s (HUL) acquisition of Uprising Science Private Limited, the parent company of the beauty and personal care brand Minimalist. HUL had...
Temasek acquires 10% stake in Haldiram’s snacks business for $1 billion
Singapore’s sovereign investment firm Temasek has secured a deal to acquire nearly a 10 per cent stake in the snacks division of India’s Haldiram’s for approximately $1 billion, according to a report by Reuters on...
Bajaj Consumer Care Portfolio Strengthens with the Acquisition of Vishal Personal Care, a Leading Hair and Skin Care Producer with Brand Name Banjara’s
Bajaj Consumer Care Limited, a leader in India’s consumer care space, has announced the acquisition of company Vishal Personal Care that owned Banjara’s, a well-established and trusted hair and skin care...
ITC in talks to acquire MTR , Eastern for $1.4 billion
ITC Ltd is in early discussions with Norway’s Orkla ASA to acquire its Indian businesses MTR Foods Pvt. Ltd and Eastern Condiments Pvt. Ltd for about $1.4 billion, two people aware of the talks said, as the...
Agro Tech completes acquisition of Del Monte
Agro Tech Foods Limited (ATFL) has completed its acquisition of Del Monte Foods Pvt Ltd (DMFPL), it said in a stock exchange filing Thursday. ATFL and DMFPL had a combined turnover of Rs 1,300 crore in FY24, about 40%...
ITC to acquire Prasuma, expanding footprint in frozen, ready-to-cook foods
Diversified conglomerate ITC Ltd has signed definitive agreements to acquire a 100 per cent stake in Prasuma, a leading brand in the frozen, chilled, and ready-to-cook foods segment, for greater footprint in the Rs...
Hindustan Unilever seeks CCI clearance to acquire Minimalist
FMCG major Hindustan Unilever Ltd has sought clearance from the Competition Commission of India to acquire beauty and personal care brand Minimalist’s parent company Uprising Science Pvt Ltd. “The acquirer...
NCLAT dismisses insolvency proceedings plea against HUL
The National Company Law Appellate Tribunal (NCLAT) on Monday set aside a plea against HUL, filed by an operational creditor seeking initiation of insolvency proceedings against the FMCG major. The appellate tribunal...
