Hindustan Unilever on Monday said it has entered into an agreement to acquire intimate hygiene brand VWash from Glenmark Pharmaceuticals. Without disclosing the cost of acquisition, HUL said the deal would include an upfront cash payment and a deferred consideration over the next three years. The deal, expected to be completed in a few months, includes the acquisition of IPR including trademarks, design and know-how related to the VWash brand.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.