Unilever PLC's biggest nutritional business bite yet, an agreement to acquire GlaxoSmithKline PLC's Horlicks and other health food drink brands marketed in India, Bangladesh and other Asian markets, also brings its biggest challenge in the space.
The UK and Netherlands personal care and food product manufacturer and marketer on Dec. 3 announced its Hindustan Unilever Ltd. division will merge with Glaxo's GSK Consumer Healthcare India business, which has had total sales around €550m ($624