Hindustan Unilever sells entire 19.8% shareholding in Nutritionalab
The company has completed the sale for a total consideration of around Rs 307 crore
Hindustan Unilever (HUL) has completed the sale of its entire 19.8% shareholding in Nutritionalab for a total consideration of around Rs 307 crore.
Earlier, the company had received approval from board for investment of up to Rs 2,000 crore to expand manufacturing capacity in fast-growing premium categories across Beauty & Wellbeing and Home Care liquids.
Hindustan Unilever (HUL) is an India-based consumer goods company. The company’s consumer goods business comprises of home and personal care, foods and refreshments.
