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Godrej Consumer: Unilever Ends Brylcreem Brand License For India, S Lanka

BANGALORE -(Dow Jones)- Godrej Consumer Products Ltd. (532424.BY) Friday said Unilever Home & Personal Care Int. B.V. has terminated the Indian consumer goods maker's license for the Brylcreem brand in India and Sri Lanka with effect March 31. Godrej Consumer will receive INR250 million from Unilever as provided in the licensing agreement for the brand, it said in a statement. The development follows Anglo-Dutch consumer goods giant Unilever N.V.'s (UN) acquisition of the global rights of the Brylcreem brand as part of the purchase of Sara Lee Corp.'s (SLE) personal care unit. -By Rumman Ahmed, Dow Jones Newswires; 91-9845104173; rumman.ahmed@dowjones.com

Stock News for Unilever America (UL)
DateTimeHeadline
08/31/201502:12:00Givaudan Acquires Cosmetics Maker Induchem
08/24/201508:20:00Tobacco Makers Seek to Cut Brands
07/29/201506:08:32Unilever Prices $1 Billion Bond Offering
07/28/201519:10:37P&G Names David Taylor as CEO
07/28/201518:52:47P&G Names David Taylor as CEO
07/28/201518:25:16P&G Names David Taylor as CEO
07/23/201517:31:15ADRs End Lower; Credit Suisse Rises
07/23/201505:10:34Unilever's Profit Slumps as Sales Growth Slows -- 2nd Update
07/23/201503:58:37Unilever's Profit Slumps as Sales Growth Slows -- Update
07/23/201503:50:48Unilever Profit Falls as Sales Growth Slows
07/23/201503:15:59Unilever's Profit Slumps as Sales Growth Slows
07/21/201507:30:35Hindustan Unilever Profit Flat on Weak Sales
07/21/201507:01:07blur Group Shares Soar as Big Customers Sign Up
07/21/201505:13:45UPDATE: Unilever HY 2015 -- Forecast
07/20/201509:20:00Morning Briefing on Personal Products Stocks -- Colgate-Palmolive...
07/20/201508:15:21Unilever HY 2015 -- Forecast
07/20/201504:41:13Alibaba In Partnership With Unilever To Reach China's Rural Consumers
07/17/201509:31:21Unilever's Newest Products Go on a Pedestal
07/17/201502:10:06Givaudan Says Cost Cuts Help Offset Strong Franc Impact
07/14/201511:10:10Blue Bell Receives Investment from Sid Bass

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