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GSK to sell 5.7% stake in HUL via block deals worth $3.2-3.4 billion

Updated : May 06, 2020 09:52 PM IST

GSK will sell 5.7 percent stake in HUL via block deals at a price band of Rs 1,850 - 1950 per share.
Morgan Stanley, HSBC and JPMorgan will be the advisors to the deal.
On Wednesday, the HUL stock closed at Rs 2,010.2 apiece on the National Stock Exchange (NSE).
GSK to sell 5.7% stake in HUL via block deals worth $3.2-3.4 billion

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