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HUL expects merger with GSKCH to complete in next 6-9 months

18 Jan 2019 Evaluate

Hindustan Unilever (HUL) is looking forward for the merger of GlaxoSmithKline Consumer Healthcare (GSKCH India) through an-all equity deal to complete in six-nine months due to pending clearances from various authorities. The company has already initiated the process of getting approval and has already initiated integration teams. 

HUL is India’s largest Fast Moving Consumer Goods Company with a heritage of over 80 years in India and touches the lives of nine out of ten Indian households.

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