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FMCG stock jumps after receiving CCI approval to acquire 90.5% stake in parent company of Minimalist

Prominent FMCG player secures CCI approval to acquire a 90.5% stake in Minimalist’s parent firm, enhancing its presence in the premium skincare market and unlocking new growth opportunities.
FMCG stock surges as CCI approves 90.5% stake acquisition in Minimalist’s parent company.

Introduction:

Leading FMCG company has secured approval from the Competition Commission of India to acquire a 90.5% stake in the parent firm of Minimalist. This strategic move strengthens its position in the premium skincare market, driving growth and expansion opportunities.

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Share price movement of Hindustan Unilever:

On March 18, 2025, Hindustan Unilever Ltd opened at ₹2,190.00, up 0.87% from its previous close of ₹2,171.05. The stock reached a high of ₹2,215.00 (1.99%) and a low of ₹2,178.80. By 2:30 PM, it traded at ₹2,196.15, a 1.16% increase, with a market cap of ₹5,16,005.49 crore.

Hindustan Unilever Gets CCI Approval for Majority Stake Acquisition in Minimalist’s Parent Firm:

Hindustan Unilever Limited (HUL) has received approval from the Competition Commission of India (CCI) to acquire a 90.5% stake in Uprising Science Private Limited, the parent company of skincare brand Minimalist. The acquisition involves a combination of secondary buyout and primary infusion.

HUL had earlier signed a Share Purchase and Subscription Agreement for the transaction, with plans to acquire the remaining 9.5% stake later. The regulatory nod from CCI marks a crucial step in completing the acquisition. The detailed CCI order is still awaited.

The move strengthens HUL’s presence in the premium skincare segment, leveraging Minimalist’s growing market position. Following the announcement, HUL’s stock surged as investors reacted positively to the regulatory clearance, anticipating growth and synergies from the acquisition.

Recent news on Hindustan Unilever:

As of January 22, 2025, Hindustan Unilever Ltd reported a 19% YoY rise in Q3 FY25 net profit to ₹3,001 crore, surpassing estimates. However, revenue grew just 1% to ₹15,408 crore, slightly missing market expectations of ₹15,600 crore.

Stock performance of Hindustan Unilever for Period of 1 week, 6 months, and 1 year:

Hindustan Unilever Ltd has faced a challenging market phase, with a 2.06% decline over the past week. The stock has dropped 25.4% in six months and 5.60% over the past year, reflecting sustained pressure on investor sentiment.

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Shareholding pattern of Hindustan Unilever:

ParticularsDec 2024Sep 2024Jun 2024
Promoter61.90%61.90%61.90%
FII11.40%12.20%11.90%
DII14.70%14.20%14.20%
Public11.90%11.80%12.10%

About Hindustan Unilever:

Hindustan Unilever Ltd (NSE: HINDUNILVR) is a leading FMCG company operating in Home Care, Beauty & Personal Care, and Foods & Refreshment segments. With nationwide manufacturing facilities, it primarily serves the Indian market, offering a diverse range of products.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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