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HUL signs deal to dilute stake in JV with Kimberly-Clark

Firm wants to reduce its share in Kimberly-Clark Lever Pvt Ltd, where it currently holds 50%

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HUL

Hindustan Unilever Ltd (HUL) signed a deal for the divestment of its 50 per cent stake in its joint venture with the US-based Corp on Friday.

The Lever Pvt Ltd, set up in 1995, is the maker of diapers and sanitary napkins in The US personal care multinational was recently identified as one of the key players in Indian market by a report titled "Incontinence Devices Market Outlook to 2023". 

First Published: Fri, September 29 2017. 19:03 IST
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