Traffic and people pass by the front of the Unilever building in central London, Britain. - Reuters filepic
HONG KONG: Unilever PLC has emerged as the leading bidder in a tight contest for GlaxoSmithKline PLC’s Indian Horlicks nutrition business, sources told Reuters.
If it is able to clinch the deal, Unilever will trump fellow European consumer giant Nestle SA, which according to an Indian media report earlier yesterday was close to buying Horlicks and other GSK consumer healthcare assets in India.
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