HUL-GlaxoSmithKline merger leads to Rs 31,700 cr entity

The transaction is an all equity merger with 4.39 shares of HUL being allotted for every share in GlaxoSmithKline Consumer Healthcare India FMCG major HUL on Monday said its board has......

Stay invested, more gains in the offing for GSK Consumer

The 20 per cent surge in GSK Consumer Healthcare's (GSKCH) scrip on Monday to its new 52-week high of Rs 3,651.80 was big but not surprising, given the proposed open offer by its foreign parent,......

GlaxoSmithKline to tap modern retail

With the modern trade route working wonders for its core health food drinks brands, FMCG firm GlaxoSmithKline Consumer Healthcarenow plans to give its over-the-counterbrands a similar push. For......

HUL finally acquires Horlicks for Rs 3,045 cr

Other Health Food Drinks brands of GSK -- Boost, Maltova and Viva -- would come to HUL's portfolio by virtue of the merger, making it a leading player in the segment. Hindustan Unilever Ltd (HUL)......