Hindustan Unilever seeks CCI clearance to acquire Minimalist

Hindustan Unilever Ltd (HUL) seeks clearance from the Competition Commission of India to acquire a 90.5% stake in Minimalist’s parent company, Uprising Science Pvt Ltd, with eventual full acquisition. The deal is valued at Rs 2,670 crore initially, aiming for synergies in beauty and personal care product markets.

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