MUMBAI: Hindustan UnileverBSE -0.03 % Ltd (HUL) has signed an agreement with Mosons Group to acquire hair-care brand Indulekha for Rs 330 crore and further deferred payments based on performance, in a move aimed at strengthening its personal care portfolio. The deal includes trademarks Indulekha and Vayodha, intellectual property, design and knowhow. While the aforementioned amount will be paid after the deal closes, HULBSE -0.03 % will also pay “deferred consideration of 10% on t .. Read more at: http://economictimes.indiatimes.com/articleshow/50218857.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesHUL to acquire Indulekha for Rs 330 crore
Industry: Other 2015-12-30
