Hindustan Unilever to acquire a 14.3% stake in Lucro Plastecycle.

Synopsis

Hindustan Unilever, a company specializing in consumer goods, agreed to acquire a 14.3% stake in Lucro Plastecycle, a company focused on recycled flexible plastics manufacturing. Financial terms were not disclosed.

Principals

target

Lucro Plastecycle

bidder

Hindustan Unilever

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Market Context