Consumer goods companies are expected to step up the pace of acquisitions in the coming months as organic growth in the Rs 3.2-lakh-crore domestic fast moving consumer goods (FMCG) market remains muted. While financial...
Hindustan Unilever looking for buyers for its atta, rice, salt business.
Consumer goods major Hindustan UnileverBSE -0.54 % may sell its commoditised businesses such as atta, rice and salt brands as it looks to realign its food portfolio. The multinational, in its recent internal review, has...
Hindustan Unilever looking for buyers for its atta, rice, salt business.
Consumer goods major Hindustan UnileverBSE -0.54 % may sell its commoditised businesses such as atta, rice and salt brands as it looks to realign its food portfolio. The multinational, in its recent internal review, has...
Yogurt maker Chobani rejects PepsiCo’s offer for stake in company
Greek-yogurt maker Chobani LLC, founded by billionaire Hamdi Ulukaya, said on Friday it had rejected offers from beverage giant PepsiCo Inc (PEP.N) and other investors. Chobani worked with Goldman Sachs Group Inc (GS.N)...
Genesis Indian Investment picks up Rs 318 crore stake in Dabur India
Genesis Indian Investment Company today bought stake worth Rs 318 crore in FMCG major Dabur IndiaBSE -0.84 % through an open market transaction. According to the bulk deals data on BSE, the investment firm bought about...
Piramal Enterprises acquires baby-care brand Little’s
MUMBAI: Piramal Enterprises’ Consumer Products Division today announced it has acquired baby-care brand “Little’s” for an undisclosed amount. Launched in India in 1980, Little’s is present...
Cookpad buys Bengaluru-based startup Cucumbertown
Cookpad, a Tokyo Stock Exchange-listed recipe network, has acquired Bengaluru-based online recipe-blogging startup Cucumbertown for an undisclosed sum, making its entry into the Indian market. “It is a fairly...
Godrej Agrovet acquires majority stake in Creamline Dairy for Rs 550 crore
MUMBAI: Godrej Agrovet, India’s largest animal feed manufacturing company, has acquired a majority stake in Hyderabad-based Creamline Dairy, making its foray into the country’s Rs 4 lakh crore dairy business...
Godrej Agrovet acquires Creamline Dairy’s 25 per cent stake for Rs 150 crore
MUMBAI: Godrej Agrovet, India’s largest animal feed manufacturing company, has acquired a majority stake in Hyderabad-based Creamline Dairy, making its foray into the county’s Rs 4 lakh crore dairy business...
Japanese firm Takasago acquires 26% stake in Iclean
HYDERABAD: Japanese company Takasago Thermal Engineering (TTE) has acquired 26 per cent stake in city-based Iclean for an undisclosed sum. Iclean (Integrated Clean room Technologies Pvt. Ltd), a clean room engineering...
Pro Wrestling League signs Dabur as title sponsor
MUMBAI: The newest sporting league in town, Pro Wrestling League, has signed DaburBSE -1.77 % Chawanprash as a title sponsor while Coca Cola’s Thums Up has come on board as a ‘Powered By’ sponsor...
Kaya to acquire majority stake in UAE-based Iris Medical
NEW DELHI: Marico group firm Kaya Ltd will acquire 75 per cent stake in Abu Dhabi-based Iris Medical Centre LLC, in association with its local partner, for an undisclosed amount. “Kaya Middle East, DMCC, a foreign...
