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[$$] Unilever to Buy Horlicks, One of India's Biggest Brands, From GSK

PLC as part of a $3.75 billion deal that gives the Anglo-Dutch giant exposure to India’s fast-growing nutritional-drinks market. The acquisition of GSK Consumer Healthcare India will be Unilever’s largest since 2011 when it agreed to buy shampoo maker Alberto Culver for roughly the same price. Unilever—whose portfolio of brands includes Ben & Jerry’s ice cream, Dove soap and Lipton tea—has operated in India through a subsidiary since the 1930s.