Hindustan Unilever gets CCI approval to acquire majority stake in premium skincare brand Minimalist for ₹2,955 crore | Stock Market News
India’s Competition Commission of India (CCI) on Monday, March 17, approved fast-moving consumer goods (FMCG) giant Hindustan Unilever’s plea to acquire a majority stake in premium skincare brand Minimalist, according to a social media post on X.
“CCI approves acquisition of Uprising Science Private Limited by Hindustan Unilever Limited,” said the CCI in its post on platform X.
HUL acquires Minimalist
According to Mint’s earlier report, Hindustan Unilever Limited on Wednesday, January 22, announced its plans to acquire the online premium skincare brand Minimalist for ₹2,955 crore.
According to the exchange filing, the
