Unilever to acquire Horlicks and GSK’s nutrition business for US$3.8b

INDIA – The global consumer goods leader, Unilever has agreed to acquire malted drinks brand, Horlicks and other GlaxoSmithKline’s Indian consumer healthcare products in a transaction worth US$3.8 billion (3.3 billion Euros). The transaction will […]

Unilever may top Nestle in US$3.4b cash bid for GSK nutrition business

INDIA – The British consumer goods giant, Unilever may walk away with the Glaxo SmithKline’s nutrition business with a US$3.4 billion all-cash offer for a 72.5% stake, according to a person with direct knowledge of […]

Nestle nearing deal to acquire GSK’s consumer healthcare business in India

INDIA – The Swiss transnational food and drink company, Nestle SA is said to have tipped Unilever, another serious bidder in the race for GSK Consumer Healthcare business in India, ET Retail reports citing sources […]

Nestle and Unilever among suitors to acquire GSK’s Horlicks brand

INDIA – Nestle and Unilever, global retail and products companies, are among suitors who are placing bids to acquire UK pharmaceutical giant GSK’s Indian nutritional foods unit, which owns health food drinks (HFDs) Horlicks and […]

Coca-Cola, Nestle and Kraft Heinz consider acquisition of GSK’s drink brand Horlicks

UK – Coca-Cola, the world’s soft drinks and beverage company, has made considerations to acquire malted drink brand Horlicks from UK pharmaceuticals company GlaxoSmithKline (GSK), according to the Sunday Telegraph. It is understood both companies […]