India demergers hit 10-year peak: 29 deals worth $40B as HUL, Jubilant carve out consumer arms
Demerger activity surged in 2025 with 29 deals topping $40 billion, the highest in a decade. Retail-relevant splits include HUL hiving off Kwality Wall's ice cream and Jubilant separating its consumer business, as investors reward focused pure-plays over sprawling conglomerates.
India recorded 29 demergers worth over $40 billion in 2025, a 10-year high. Retail-relevant deals include HUL spinning off Kwality Wall's ice cream and Jubilant separating its consumer business, signaling investor preference for focused businesses over conglomerates.