Emami to acquire remaining 49.6% stake in Helios Lifestyle for cash consideration of ₹177.63 crore
FMCG major Emami has entered into a share purchase agreement to acquire the remaining 49.6 per cent stake in Helios Lifestyle, which owns men’s grooming brand ‘The Man Company’, for cash consideration of ₹177.63 crore. Emami currently holds a 50.4 per cent stake in Helios. Post acquisition of the balance equity shares, the start-up will…