Synopsis
The HUL stock is down 15% for the past one year – as inflationary pressures have battered down the valuations. A big acquisition may not be able to raise hopes of its investors in the near term even though it may be a strategically beneficial move in the long term.
ET Intelligence Group: The share price of Hindustan Unilever (HUL) took a fall of nearly 4% on back of news that the FMCG major is in discussion to acquire a majority stake in the established spice maker Mahashian Di Hatti (MDH). This may emerge to be a large acquisition for HUL since the spice company reportedly is likely to be valued at ₹10,000 crore to ₹15,000 crore.
For HUL, the acquisition would take place after two years of the company’s
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