Pureit water purifier: HUL to sell Pureit to AO Smith India for Rs 600 crore
The board of Hindustan Unilever has approved the sale of the company’s water purification business Pureit to A.O. Smith’s India arm for an enterprise value of Rs 601 crore, or $72 million, the company said in a stock exchange statement on Monday.HUL, a leading fast-moving consumer goods (FMCG) company, said this sale is in-line with …