Horlicks
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GSK Consumer Healthcare says it is considering potential transaction of nutrition business; Unilever confirms development
•Hindustan Unilever, the Indian arm of Unilever, confirmed that the company was in the race to acquire GlaxoSmithKline Plc's consumer healthcare nutrition products
Unilever emerges as leading bidder in tight contest for GlaxoSmithKline's Horlicks nutrition business
•GSK’s assets, which include the popular malt-based drinks Horlicks and Boost, is likely to fetch less than $4 billion, said people close the deal
Coca-Cola in race to buy Horlicks from GlaxoSmithKline, value of transaction could be around $3.9 billion
•Besides Coca-Cola, several global FMCG makers as Nestle, Kraft Heinz are in the race to acquire Horlicks from GSK
GSK seeks mid-September bids for $4 billion Indian Horlicks unit, say sources
•GSK started a strategic review of Horlicks - a malt-based drink brand popular in India – and some smaller products, after buying Novartis out of their consumer healthcare venture for $13 billion in March.
FMCG major Emami rules out buying health drink brands Horlicks and Complan
•Leading FMCG firms such as Nestle, HUL and ITC are reportedly in the race to buy Horlicks and Complan.
GSK to sell Horlicks to fund $13 bn Novartis deal; Nestle, Kraft, Unilever likely suitors, say sources
•GSK has started a strategic review of Horlicks - a malt-based drink brand popular in India – and some of its smaller products, after buying Novartis out of their consumer healthcare venture for $13 billion on Tuesday.
UP food safety dept says Knorr, Horlicks, Ching's instant noodles 'sub standard'
Fp Archives •Months after Maggi storm, the Uttar Pradesh food safety department has found samples of some other instant noodle brands “sub-standard” with ash content in the tastemaker exceeding the prescribed limits.
Ramdev makes Maggi a desi vs videshi war, pitches 'healthy' Patanjali-made noodles
Fp Staff •Calling himself a not-for-profit manufacturer of domestic products, the yoga specialist cleverly made the whole thing look like a domestic versus foreign issue.
Goafest 2014: PHDIndia, Lodestar among big winners at the Media Abbys
Animesh •