The transaction consists of three elements - an all-equity merger of Hindustan Unilever (HUL) with GSK Consumer Healthcare India, the acquisition of an 82% stake in GSK Bangladesh and the acquisition of certain other commercial operations and assets outside India.
Microsoft to kill Edge browser on Windows 10 soon
As to whether the interface will be radically changed or not, we do not know, but we can expect some change on that front as well. It seems as Microsoft is finally ready to throw in the towel in the internet browser fight and end its battle with Google Chrome.
The Horlicks brand now makes most of its sales in India, where the product is given as a breakfast drink to children, and Unilever says that over the last 15 years GSK HFD's portfolio has grown at a double-digit rate.
GSK said it will use the proceeds from the Unilever sale to shore up its other healthcare products in India, including over-the-counter medicines.
Since being introduced in the 1930s, Horlicks has built up a strong following in India. "Also, HUL will be able to drive cost synergies plus HUL will be able to expand the distribution foot print", said an analyst from a brokerage firm. But Unilever says the category is still "under-penetrated" in India and has the opportunity to grow.
Market circles said with Unilever buying the Horlicks brand, HUL will have to pay royalty to the parent for sales in India.
'Unilever is well positioned to further develop the market given its reach and capabilities, ' it added. Furthermore, the overall penetration of malt-based drinks is only around 24 per cent. HUL, through its significantly larger distribution network of over 7 million outlets, could further drive penetration, it said.
Speaking of the oncology deal meanwhile, Tesaro chief executive Lonnie Moulder said the "transaction marks the beginning of a new global partnership that will accelerate our oncology business and allow our mission of delivering transformative products to individuals living with cancer". The scheme is subject to regulatory approval. The merger will result in a single legal entity with GSKCH being housed as a division in HUL.
Crew commander Kononenko, 54, said during a press conference on the eve of the launch that "risk is part of our profession". This will be the first launch of a manned spacecraft after the Soyuz-FG launch vehicle crash on October 11.
He told Fox News that Tijuana can not continue providing support for the migrants, saying the city's resources have been depleted. Border Patrol agents say they rescued a family whose children were dropped from the top of the 18-foot border fence Monday.
The game was developed to help speed up the roll-out of patches and adjustments according to the statement. Players have been offering their feedback about Red Dead Online since the online beta released last week.
Showtime Sports President Stephen Espinoza said May or June might be more likely, giving the fighters more time to recover. Fury" epilogue episode. "I want to give Tyson Fury the rematch ASAP". "I pressed that too much".
Corker also suggested that the briefing last week, which featured Pompeo and Mattis but not Haspel, was entirely misleading. Richard Shelby (R-Ala.) said, "All evidence points to that, that all this leads back to the crown prince".
Stenson almost rallied from a seven-shot deficit in 2016, only to finish toward the bottom of the pack a year ago . After winning the Challenge, Rahm admitted that he grew up watching and learning from Tiger Woods .
He has also had four playoff points in each of those two seasons. "When he does get back here it's going make us even deadlier". The details of the contract are as follows: Nylander will receive $41.77M over 6 years, an average annual value of $6.96M.
USA president Donald Trump took to Twitter to make the announcement, suggesting that the current tariff is at 40 percent. Tariffs on $200 billion of Chinese products had been set to jump from 10 percent to 25 percent after January 1, 2019.
To bolster his argument, Giuliani noted that his second "period no space" error ("Helsinki.Either") didn't generate a link. The URL was purchased and then used to send a single message about how they felt about the president, reading: " Donald J.
The store will also support mods, non-commercial games and free-to-play stuff, as Steam does, and DRM is entirely optional. Details about its "hand-curated" launch lineup are promised to debut at the Game Awards conference this coming Thursday.
Patriots react to Bill Belichick-Adam Thielen exchange
So the Patriots waited. "Seven guys running, eight guys catching - that makes it hard for them to defend us", he said. The Vikings have the fourth-fewest rushing attempts and the third-most passing attempts in the NFL.
Salman Khan tops in Forbes India Celebrity 100 List
Bollywood diva, Deepika Padukone bagged fourth position with the earnings of Rs. 114crore for Sanjay Leela Bhansali's Padmaavat . Deepika Padukone is the first woman celebrity who is in the top 5 with earnings of Rs 112.8 crore.
Former President Bush's body lies in state
The picture was posted on Twitter by Bush family spokesman Jim McGrath, along with the caption: "Mission complete". Sully the dog will be travelling with the casket on the flight from Texas to Washington DC on Monday.
Yankees Rumors: Patrick Corbin’s free agent decision coming soon
Before Corbin met with the Yankees last Thursday the only other two teams he reportedly met with were the Nats and the Phillies . There has been speculation that Corbin will sign with the Yankees for less money to play for the team he grew up rooting for.
UAE Now Holds World’s Strongest Passport
Meanwhile, Pakistan's neighbor India has been ranked 66 and its passport holders can travel to 25 countries visa-free. What this means is that Pakistanis can travel visa-free to only a handful of countries - 8 to be exact.
Samsung, Verizon will release 5G smartphone in early 2019
When the Samsung phone is launched in the country, it will be posing severe competition to the Cupertino based giant, Apple . Qualcomm's upcoming Snapdragon Mobile Platform, including its new mobile processor, will power the smartphone.