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News
Horlicks
Horlicks News
GSK
07 May 2020
GSK selling $3.45 billion stake in Hindustan Unilever
GSK struck a deal to fold its Indian business - whose main product is Horlicks - into Unilever`s Indian unit Hindustan Unilever in exchange for shares in the combined group.
Unilever
28 Nov 2018
Unilever emerges as leading bidder for GSK's Horlicks business
Other bidders include Coca-Cola Co, which has been looking to expand in emerging markets.
Nestle
28 Mar 2018
GSK to sell Horlicks; Nestle, other food groups likely suitors
They estimated the consumer health nutrition business, which also has smaller operations in Nigeria and Bangladesh, could fetch more than $4 billion.
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