Unilever Plc agreed to take over GlaxoSmithKline Plc’s nutrition business and then merge their Indian units in a deal worth £3.1 billion or $3.8 billion. The deal involves the merger of GSK Consumer Healthcare Ltd. with Hindustan Unilever Ltd. The transaction values the total business of GSK Consumer Healthcare at Rs.31,700 crore. The deal is expected to be completed in one year subject to regulatory and shareholder approvals.