Britain’s GSK to sell entire stake in Hindustan Unilever

Business

GlaxoSmithKline (GSK.L) said on Thursday it agreed to sell its entire stake in Unilever’s (ULVR.L) Indian business (HLL.NS) for about 254.8 billion rupees ($3.35 billion) on the open market, cashing in late from the sale of the Horlicks brand.