Jessica Alba‘s fledgling consumer-products startup, Honest Co., could be acquired by industry giant Uniliver. The maker of Dove soaps and Axe body sprays is in talks with Honest for a deal valued at over $1 billion, The Wall Street Journal reported Thursday. However, the figure is significantly lower than the $1.7 billion at which Honest was valued in a fundraising round last year. While the talks are at an early stage, Honest hasn’t ruled out instead opting for an initial public offering instead, according to WSJ insiders. Also Read: Jessica Alba's Honest Company Sued for Allegedly Selling Baby Formula...
- 9/16/2016
- by Debbie Emery
- The Wrap
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