{"id":6471,"date":"2025-03-18T10:31:11","date_gmt":"2025-03-18T05:01:11","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=6471"},"modified":"2025-03-18T10:31:15","modified_gmt":"2025-03-18T05:01:15","slug":"hindustan-unilever-shares-in-focus-after-cci-approves-acquisition-of-minimalists-parent-company","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/hindustan-unilever-shares-in-focus-after-cci-approves-acquisition-of-minimalists-parent-company\/","title":{"rendered":"Hindustan Unilever Shares in Focus After CCI Approves Acquisition of Minimalist\u2019s Parent Company"},"content":{"rendered":"\n<p>Hindustan Unilever Limited (HUL) shares were in focus during the trading session on March 18, following the Competition Commission of India (CCI) approving its 90.5% stake acquisition in Uprising Science Pvt Ltd, the parent company of Minimalist. The deal is valued at \u20b92,670 crore and aims to expand HUL\u2019s Beauty &amp; Wellbeing portfolio.<\/p>\n\n\n\n<p>HUL\u2019s stock saw an early gain of over 1% in today&#8217;s trade after closing 0.44% lower in the previous session on March 17. The CCI announced its approval of the acquisition through a post on X (formerly Twitter).<\/p>\n\n\n\n<p>The deal will be done in two tranches. The first will be a sizeable infusion of capital, and the second will be a buyout at a pre-money enterprise value of \u20b92,955 crore. Additionally, the remaining 9.5% stake in Minimalist will be bought by HUL within two years of deal completion.<\/p>\n\n\n\n<p>HUL&#8217;s exchange filing pointed out that adding Minimalist to its Beauty &amp; Wellbeing division is aligned with the company&#8217;s growth plan. Minimalist is expected to grow its retail footprint considerably, from its present 2,000 outlets to nearly 20,000 outlets over the next two years.<\/p>\n\n\n\n<p>This strategic step strengthens the position of HUL in the fast-growing skincare and beauty business, giving it a stronger foothold in India&#8217;s premium dermatology-driven beauty space.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a>.<\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"http:\/\/moneycontrol.com\/news\/business\/stocks\/hindustan-unilever-shares-in-focus-after-cci-s-approval-on-acquiring-minimalist-s-parent-company-12967302.html\" target=\"_blank\" data-type=\"link\" data-id=\"http:\/\/moneycontrol.com\/news\/business\/stocks\/hindustan-unilever-shares-in-focus-after-cci-s-approval-on-acquiring-minimalist-s-parent-company-12967302.html\" rel=\"noreferrer noopener nofollow\">Moneycontrol<\/a>.<\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Unilever Limited (HUL) shares were in focus during the trading session on March 18, following the Competition Commission of India (CCI) approving its 90.5% stake acquisition in Uprising Science Pvt Ltd, the parent company of Minimalist. The deal is valued at \u20b92,670 crore and aims to expand HUL\u2019s Beauty &amp; Wellbeing portfolio. HUL\u2019s stock [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[1070],"class_list":["post-6471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-hindustan-unilever-ssci-approves"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=6471"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6471\/revisions"}],"predecessor-version":[{"id":6473,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6471\/revisions\/6473"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/6472"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=6471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=6471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=6471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}