HUL said that it completed the acquisition via a combination of primary infusion and secondary sales in an all-cash deal totalling INR 2,706.44 Cr
With this, Uprising Science and its subsidiaries have now become subsidiaries of HUL, the FMCG giant added
This comes a month after the Competition Commission of India (CCI) approved HUL’s proposal to acquire a majority stake in the D2C personal care brand
FMCG major Hindustan Unilever Ltd (HUL) said it has completed the…