Code : COS0112
Period : 2012-2013
Countries : India, Euro zone, US
Abstract:Consumer packaged goods giant Unilever PLC launched an open offer to buy back shares of its Indian subsidiary HUL and increase its stake in the subsidiary to 75% from 52.48%. The move signaled the increasing focus of global companies on emerging markets. Though Unilever PLC ruled out the possibility of delisting HUL, market analysts pointed out that MNCs raising their stakes in their subsidiaries could be the first step in delisting the companies in emerging markets.
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Keywords :Capital Issues,Cash Flow,Consumer Business,Consumer Goods Company,Delist,Divested,Dividend,Emerging Markets,Equity Holding,Floor Price,Foreign Equity Holding,Foreign Exchange Regulation Act (FERA),Hindustan Unilever Limited (HUL),Lever Brothers,Listed,Open offer,Overseas Holding,PAT,PBIT,premium,pro-rate basis,Sensex,share holding,Unilever Plc.
» ABOUT HINDUSTAN UNILEVER
» HUL BRANDS
» PERFECT STORES AND PROJECT SHAKTI
» UNILEVER BETS BIG ON INDIAN AND OTHER EMERGING MARKETS
» BUY-BACK OFFER
» EARLIER SHARES BUYBACK BY HUL
» HUL BARGAIN OFFER
» WILL UNILEVER STAY PUBLIC OR DELIST FROM BOURSES?