Hindustan Unilever weighs sale of Pureit water purifier business

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Hindustan Unilever weighs sale of Pureit water purifier business

Hindustan Unilever weighs sale of Pureit water purifier business

Hindustan Unilever Ltd (HUL) is exploring a potential sale of its Pureit water purifier business and has held exploratory talks with a few prospective buyers.

The talks are exploratory in nature and no formal decision on the sale of the Pureit business has been taken by HUL, the people cited above said, requesting anonymity.

In the past few months, informal discussions have taken place between HUL and potential buyers, including bulge bracket private equity funds. These discussions have focused on valuation, among other things (28 March 2024 @ 1.30 pm)

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