Sep
16
Unilever in Talks to Buy Jessica Alba's Honest Co. for $1 Billion
Posted in: Uncategorized
Unilever has expressed interest in buying Honest Co., the household-products company co-founded by actress Jessica Alba, according to a person familiar with the matter.
The process is at an early stage, said the person, who asked not to be identified as the matter is private. Honest Co. is also working with Goldman Sachs Group Inc. and Morgan Stanley on an initial public offering, people familiar with the matter said earlier this year.
A spokesman for Unilever declined to comment. Santa Monica, California-based Honest Co. didn’t reply to a call and email placed outside of normal business hours.
Post a Comment