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Horlicks News

07 May 2020

GSK selling $3.45 billion stake in Hindustan Unilever

GSK struck a deal to fold its Indian business - whose main product is Horlicks - into Unilever`s Indian unit Hindustan Unilever in exchange for shares in the combined group.

28 Nov 2018

Unilever emerges as leading bidder for GSK's Horlicks business

Other bidders include Coca-Cola Co, which has been looking to expand in emerging markets.

28 Mar 2018

GSK to sell Horlicks; Nestle, other food groups likely suitors

They estimated the consumer health nutrition business, which also has smaller operations in Nigeria and Bangladesh, could fetch more than $4 billion.

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