HUL in initial talks for sale of Pureit
Financial Express Mumbai|March 29, 2024
THE COUNTRY'S LARGEST consumer goods company, Hindustan Unilever, is looking at a potential sale of its Pureit water purifier business, informed sources have told FE, in an attempt to focus on its core FMCG businesses.
VIVEAT SUSAN PINTO

The company has held initial talks with a few prospective buyers, persons in the know said, with discussions being exploratory in nature at this stage.

Among likely buyers tapped include private equity players and global funds who have marked their presence in the category.

Existing investor in the space include PE firm Advent International, which acquired a controlling stake in Eureka Forbes in 2021 from its erstwhile owner, the Shapoorji Pallonji Group, at an enterprise value of ₹4,400 crore.

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Denne historien er fra March 29, 2024-utgaven av Financial Express Mumbai.

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