The Unilever Plc logo is displayed outside Four Acres, the company’s first leadership development center outside the U.K., in Singapore. (Photographer: Munshi Ahmed/Bloomberg)

Unilever Edges Out Nestle for Glaxo’s India Consumer Unit

(Bloomberg) -- Unilever has edged out Nestle SA in the contest for GlaxoSmithKline Plc’s $4 billion Indian consumer-health unit, according to people with knowledge of the matter.