MUMBAI: Food giant Unilever yesterday announced a US$5.4-billion offer to raise its stake in its Indian subsidiary, eyeing explosive sales of branded consumer items to the Asian country’s growing middle class. The Anglo-Dutch firm made an offer to buy another 22.5 per cent of already majority-owned Hindustan Unilever (HUL) in a proposed deal that would … Continue reading Unilever makes US$5.4 bln offer to raise stake in India unit