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Deal Date: 31-12-2018 Practice Area: Corporate and M&A
Deal Title: Merger of GSK Consumer Healthcare Limited with Hindustan Unilever Limited Industry: Pharmaceuticals & Biotechnology
Description:
Slaughter and May advised GlaxoSmithKline plc on the divestment of Horlicks and other consumer healthcare nutrition brands to Unilever plc and the merger of GSK Consumer Healthcare Limited with Hindustan Unilever Limited for a total consideration valued at approximately GBP3.1 billion. The proposed transaction involved the merger of GSK India with HUL, each a public company listed on the National Stock Exchange and Bombay Stock Exchange, as well as the disposal of GSK's 82% stake in GlaxoSmithKline Bangladesh Limited and other related brand rights in certain other territories.
Financial Center: London Value: 0.00-0.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: United Kingdom Acquiror Jurisdiction: United Kingdom
Classification: Strategic Buyer Acquisitions Private Company
Lawyer David Johnson