Grocery delivery platform Milkbasket has secured $3 million in a Pre-Series A round led by Unilever Ventures Ltd, the investment arm of consumer packaged goods company Unilever Plc, the company said on Tuesday. Founded...
Unilever Ventures invests in Saas start-up Peel-Works
Unilever Ventures, the investment arm of consumer packaged goods company Unilever Plc, has picked up an undisclosed stake in Peel-Works Pvt. Ltd, a Mumbai-based Saas (software-as-a-service) start-up, in its first...
Unilever to sell spreads business to KKR for $8 billion
Unilever (ULVR.L) has agreed to sell its margarine and spreads business to U.S. private equity firm KKR (KKR.N) for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products. The maker of Knorr soup...
Unilever arm invests Rs 65 crore in IDG Ventures
Unilever Ventures, an investment arm of Unilever Plc, has put Rs 65 crore ($10 million) into the IDG Ventures India Fund during the year, demonstrating its intent to bankroll consumer-technology, innovation and digital...
Unilever to buy tea brand Tazo from Starbucks for $384 million
Unilever (ULVR.L) (UNc.AS) said on Thursday it would buy the specialty tea brand Tazo from Starbucks in a deal valued at $384 million. This acquisition is the latest in a string of deals by the Anglo-Dutch consumer...
Unilever in $2.7 billion deal for Korean cosmetics maker
Unilever agreed to buy a South Korean cosmetics maker for 2.27 billion euros ($2.7 billion) from shareholders including Goldman Sachs Group Inc. and Bain Capital Private Equity, bolstering its position in one of the...
Unilever vies with Hormel to buy Reckitt food unit -Sunday Times
Anglo-Dutch conglomerate Unilever is vying with U.S. canned meat producer Hormel Foods Corp to buy the foods division of British consumer goods maker Reckitt Benckiser, the Sunday Times newspaper reported, citing...
Unilever to buy back $5.3 billion of stock, divest spreads
Unilever plans to buy back €5 billion euros of stock and divest its spreads business in an effort to boost the share price after fending off a takeover bid by Kraft Heinz Co. The dividend also will be increased by 12%...
Unilever CEO urges UK to provide ‘level playing field’ after Kraft bid
Fresh from defending Unilever (ULVR.L) against an unsolicited $143 billion takeover attempt by Kraft Heinz (KHC.O), CEO Paul Polman said the British government should ensure a level playing field for target companies...
Unilever spurred into speedy value review by Kraft bid
Unilever (ULVR.L) sought to show shareholders it can go it alone on Wednesday after rejecting Kraft Heinz’s (KHC.O) $143 billion bid, with the promise of a swift, far-reaching review. This should be completed by...
Theresa orders officials to examine Kraft Heinz bid for Unilever: Report
British Prime Minister Theresa May has asked top officials to examine US food company Kraft Heinz’s proposed takeover of Unilever Plc, the Financial Times reported on Sunday without citing any sources...
How would Unilever and Kraft Heinz’s merger play out in India?
A merger of Unilever Plc and Kraft Heinz Co. would give the latter access to the distribution network of India’s largest consumer packaged goods company by sales, Hindustan Unilever Ltd (HUL). On its part, HUL, the...