HUL exits Wellbeing Nutrition, sells 19.8% in Nutritionalab; invests Rs 824 crore to acquire remaining stake in OZiva
HUL exits Wellbeing Nutrition, sells 19.8% in Nutritionalab; invests Rs 824 crore to acquire remaining stake in OZiva is drawing significant interest across the industry.
Hindustan Unilever will acquire full ownership of OZiva for Rs 824 crore while exiting Wellbeing Nutrition by selling its 19.8% stake in Nutritionalab to USV for Rs 307 crore, sharpening its focus on the fast-growing health and wellbeing segment.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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