TaxTMI 
TaxTMI 
CCI approves acquisition of Uprising Science Private Limited by Hindustan Unilever Limited
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....CI approves acquisition of Uprising Science Private Limited by Hindustan Unilever Limited<BR>News and Press Release<BR>Dated:- 18-3-2025<BR><BR>The Competition Commission of India has approved acquisi....
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....tion of Uprising Science Private Limited by Hindustan Unilever Limited. The proposed transaction involves the acquisition by Hindustan Unilever Limited (Acquirer/HUL), of 90.5% shareholding of Uprisi....
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....ng Science Private Limited (Target), with eventual acquisition of the remaining 9.5% shareholding of the Target in about two years from the completion date as per the terms set out in the Share Purcha....
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....se & Subscription Agreement executed by and between HUL and the Target. The Acquirer is involved in the business of manufacture and sale of: (a) home care products; (b) beauty & personal care product....
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....s; (c) food products and refreshments. The Acquirer has over 50+ brands spanning distinct categories and includes Lux, Surf Excel, Fair & Lovely, Lakme, Knorr, Kwality Wall's, Brooke Bond, BRU among o....
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....thers. The Target is engaged in the manufacture and sale of beauty and personal care products such as skin care & body care products, baby care products and hair care products. Detailed order of the....
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.... Commission will follow.<BR> News - Press release - PIB....