With Kwality Walls spun off, we assess if investors stand to gain from the new entity
23-Jan-2025•Abhinav Goel
AI-generated image
A major rejig is underway at FMCG behemoth Hindustan Unilever (HUL). The giant is parting ways with Kwality Walls, its ice cream business, demerging it into a separate listed company. Each HUL shareholder will receive one share of the newly formed ice cream business against every HUL share they hold.
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