"Unilever beats Nestlé" | financial



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This is reported by the Bloomberg News Agency. An agreement on the takeover is expected in a few weeks. It was already clear that the giant soft drinks Coca-Cola had withdrawn from the battle of takeovers.

Milky drinks on chocolate bars

For Unilever, India is the main emerging market. The Indian branch of GlaxoSmithKline is best known for Horlicks, a drink made from milk and cereals. Biscuits, chocolate bars and chocolate booster are among Unilever's acquisition plans.

For Paul Polman, Unilever's CEO, this is the most important strategic step since the headquarters of the food and detergent giant was not moved from London to Rotterdam last month. . He sold the margarine branch at a price of 6.8 billion euros to the KKR investor at the end of 2017.

Unilever does not want to react to the message regarding the buyout in India. Nestle and GlaxoSmithKline also declined to comment

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