Vaish, Gibson Dunn lead on HUL's exit from JV with Kimberly-Clark

Bar & Bench October 9 2017

Hindustan Unilever Limited has (HUL) is divesting its entire stake in Kimberly-Clark Lever as part of a strategy to exit non-core businesses.

HUL has entered into a share purchase agreement with Kimberly-Clark Corporation, U.S.A. (KCC) for divestment of HUL’s 50% shareholding in Kimberly-Clark Lever Private Limited in favour of KCC.

Vaish Associates advised HUL. The lead partner on the deal was Associate Partner Krishna Kishore. Partners Bomi Daruwala

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