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HUL rebuts divestment buzz, says foods business ‘core’ as Unilever confirms talks after inbound offer

HUL rebuts divestment buzz, says foods business ‘core’ as Unilever confirms talks after inbound offer

Hindustan Unilever has denied speculation of divesting its foods business, stating it remains a core and attractive segment. Parent Unilever confirmed talks with McCormick & Company following an inbound offer, but emphasized no deal is certain. The Indian foods business, generating over ₹15,000 crore annually, is a key pillar of HUL's strategy.

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