Unilever announced on Monday it has agreed to buy GlaxoSmithKline Consumer Nutrition business in India, including hot malted drink Horlicks.
The deal is expected to cost Unilever €3.3bn ($3.8bn) and will be paid through shares of its Indian unit Hindustan Unilever as well as cash of no more than €639m.
Former Premier Leaguer and a player with a huge fan base in Nigeria, Rio Ferdinand visited the country over the weekend at the invite of Guinness Nigeria Plc. The trip was part of the brewing company’s line up of events for the football star to help boost its Guinness Made of More campaign that is ongoing around the country. Part of the line-up included being part of a coaching clinic with local football teams, meeting fans and competition winners at the Guinness Africa Stadium viewing Centre event; and attending the Guinness Flavour Rooms for a full immersion of the Guinness brand.
