ITC open to acquisition of GlaxoSmithKline's (GSK) Horlicks brand
Diversified conglomerate ITC Ltd today said it is open to the acquisition of GlaxoSmithKline's (GSK) Horlicks brand when it is put up for sale, provided the price is "right".
According to reports, ITC is on the list of suitors for the popular malt-based health drink brand Horlicks. Nestle, Dabur, Mondalez, Kraft Heinz and Hindustan Unilever were the others also believed to be in the fray.
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