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Chandigarh NCLT gives nod for HUL, GlaxoSmithKline Consumer Healthcare merger deal

Updated : February 26, 2020 11:10 PM IST

The effective date of the scheme will be communicated upon being finalised in accordance with the procedure specified by the Mumbai NCLT and Chandigarh NCLT, it added.
Under the deal, Unilever's Indian arm, HUL is acquiring GSKCH India via an all-equity merger, valuing the total business of the latter at Rs 31,700 crore.
Chandigarh NCLT gives nod for HUL, GlaxoSmithKline Consumer Healthcare merger deal

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