CAPITAL PARAMOUNT UPDATE: HINDUSTAN UNILEVER

Hindustan Unilever hits all-time high at Rs 632 per share as the parent company Unilever acquired a little over two-thirds of HUL following the close of a voluntary tender offer, falling short of its plan to raise its stake to as much as 75 percent. Shareholders of HUL tendered 319.7 million shares to the offer, taking Unilever's holding in the unit to 67.28 percent from 52.48 percent, Unilever said in a statement. Gaining around 3 percent, the stock is up 3 percent on the BSE.

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