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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Motilal Oswal Securities Ltd.

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Hindustan Unilever Ltd Announces Updates On Open Offer

Tuesday, 18 Jun 2013 07:43am EDT 

Hindustan Unilever Ltd announced that it has submitted a Copy of Recommendations of the Independent Directors Committee (IDC) on the Open Offer made by Unilever PLC (the Acquirer) along with Unilever N.V. in its capacity as 'Person Acting in Concert' (PAC) for acquisition of 487,004,772 Equity Shares to the Shareholders of the Target Company under Regulations 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. 2011 HSBC Securities and Capital Markets (India) Pvt Ltd (Manager to the Open Offer).