This agreement ends 1.5 years ahead of the agreed period.
"The company, GSKAPL (GSK and GSKCPL (GSK Consumer) have mutually agreed and expressed their intention to terminate the Agreement(s) with effect from 8th November, 2023. As per the Agreement(s), the one-year Asia)&nbsp;notice period for termination shall commence from 9th November, 2022," HUL said. It added that this shall not have&nbsp;any material effect on the operations of the company.
In 2018, HUL had announced that GSK Consumer Healthcare would merge with HUL in an all-stock deal. The deal was completed in April 2020, and it acquired GSK Consumer brands, which include Horlicks, Boost, Viva and Maltova. The deal with GSK Consumer also had a fiveyear agreement to distribute the latter's OTC products, which gave HUL access to the chemist channel in India. After the consumer health division of GSK was spun off, in July, Haleon was launched as an independent company housing brands such as Sensodyne, Eno, Iodex, Crocin, and Otrivin, Ostocalcium.
According to industry&nbsp;sources, HUL earns around ₹300-350 crore from the sale of these products.

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 8,500+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.