Tue, 21-Oct-2025

Unilever eyes GSK’s consumer goods arm in possible £50 billion deal

GSK

LONDON: Consumer goods giant Unilever said that it had approached Glaxosmithkline (GSK.L) about buying the pharmaceutical group’s consumer goods arm, after a newspaper reported that a £50 billion ($68.4 billion) bid it made had been rebuffed, Reuters reported. Unilever, which has been under fire from some investors for the group’s underperforming share price, confirmed the approach … Read more

L’Oreal to remove words referencing white, fair from its skin products

The world’s biggest cosmetics company, L’Oreal will remove words referencing white, fair and light from its skin products, a day after Unilever made a similar announcement following social media criticism. Unilever and L’Oreal are two big players in the global market for skin whitening creams used in many Asian, African and Caribbean countries where fair … Read more