Diabytes
Horlicks News
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GSK struck a deal to fold its Indian business - whose main product is Horlicks - into Unilever`s Indian unit Hindustan Unilever in exchange for shares in the combined group.
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Other bidders include Coca-Cola Co, which has been looking to expand in emerging markets.
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They estimated the consumer health nutrition business, which also has smaller operations in Nigeria and Bangladesh, could fetch more than $4 billion.
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