HUL in acquisition talks with D2C brand Minimalist valuing it at Rs 3,000 crore: sources

Hindustan Unilever (HUL) is in talks to acquire the beauty brand Minimalist. The deal could involve a majority or complete acquisition. This move aligns with HUL's strategy to diversify into high-margin segments. Minimalist, a growing D2C brand, recorded significant revenue growth recently. The deal discussions are ongoing at an approximate valuation of Rs 3,000 crore.