Brand Makers
Dil Ka Jod Hai, Tootega Nahin
HUL in talks to potentially sell Pureit water purifier business
The FMCG giant has been in talks with prospective buyers, exploring the possibility of the sale. However, no formal decision has been made yet, as per moneycontrol.
Hindustan Unilever (HUL) is potentially planning to sell its Pureit water purifier business, reported moneycontrol.
As per reports, the company has been in talks with prospective buyers, exploring the possibility of the sale. However, no formal decision has been made yet.
HUL has been having informal discussions with prospective buyers, including bulge bracket private equity funds. Moneycontrol reported that the discussions have been focusing more on valuations more than anything else.
HUL entered the water purifier business in 2004, taking on Eureka Forbes and Kent who were already established in the business.
SPOTLIGHT
"The raucous, almost deafening, cuss words from the heartland that Piyush Pandey used with gay abandon turned things upside down in the old world order."
Read MoreThe new face of the browser: Who’s building AI-first browsers, what they do and how they could upend advertising
From OpenAI’s ChatGPT-powered Atlas to Microsoft’s Copilot-enabled Edge, a new generation of AI-first browsers is transforming how people search, surf and interact online — and reshaping the future of digital advertising.