Thursday, September 15, 2016

Report: Unilever Eyes The Honest Company

Is another, Los Angeles consumer startup--The Honest Company--about to be acquired by Unilever? An unconfirmed report Thursday afternoon, from TechCrunch, says that Unilever is in early talks to acquire the company, founded by Jessica Alba and SoCal serial entrepreneur Brian Lee. If true, an acquisition would be the second by the company of a high profile, Los Angeles startup this year, after the acquisition of Santa Monica's Dollar Shave Club by Unilever--for a billion dollars--in May. The Honest Company has been hinting that it has been working on a possible IPO filing over the last year or so.

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