Finanzas: Unilever in talks for $1B-plus deal for Honest Co.

 

Unilever (UL +1.2%) is reportedly in talks to acquire Jessica Alba’s Honest Co. — though it’s looking to use a coupon.

The consumer-products giant wants to pay less than the $1.7B that Honest Co. had in a fund-raising round last year, according to The Wall Street Journal, though the deal should still cross the $1B mark.

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Honest could still pursue an initial public offering, and talks with Unilever are at an early stage, a source tells WSJ.

The firm, in which actress Alba is a co-founder and chief creative officer, had revenue of $170M in 2014, and has raised more than $200M from outsiders since its 2011 founding.

After hours: UL -0.8%.

Fuente: Seeking Alpha


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