16.09.2016 07:53:00
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Unilever Reportedly In Talks To Buy Jessica Alba's Honest Co
(RTTNews) - Consumer goods giant Unilever Plc (UN, ULVR.L, UL) is in talks to buy Honest Co., the consumer-products retailer co-founded by actress Jessica Alba, according to reports citing people familiar with the matter.
The reports noted that Unilever is discussing a deal valued at over $1 billion but significantly less than the $1.7 billion valuation that was placed on Honest Co in a fundraising round last year.
The talks are at an early stage, and Honest hasn't ruled out going for an initial public offering instead, the reports.
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