Competition Tribunal approves Mustek-Novus deal - TechCentral
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5 Articles
CCI Approves HUL’s Acquisition Of D2C Brand Minimalist
The Competition Commission of India (CCI) has approved FMCG giant Hindustan Unilever Ltd’s (HUL) proposal to acquire a majority stake in D2C personal care brand Minimalist. This comes about two months after HUL sought the competition watchdog’s approval for the acquisition of the D2C startup. As per the agreement signed between HUL and Minimalist, the FMCG major will acquire 90.5% stake in Minimalist parent Uprising Science for a cash considera…
Hindustan Unilever gets CCI nod to acquire Minimalist in Rs 2,670 cr deal - India Retailing
The company will make a primary infusion of Rs 45 crore with an eventual acquisition of the remaining 9.5 per cent of Minimalist’s parent company Uprising’s shareholding New Delhi: The Competition Commission of India (CCI) on Monday approved FMCG major Hindustan Unilever’s proposal to acquire beauty and personal care brand Minimalist’s parent company Uprising Science. Jaipur-based Uprising Science is engaged in the manufacturing and sale of beau…
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