Unilever started to express interest in buying The Honest Company, Alba’s five-year-old purveyor of plant-based diapers, organic dishwashing detergent and other “green” household products, but ended up acquiring Alba's rival Seventh Generation for as much as $700 million.
But the fact a multinational conglomerate would consider buying Honest is being cheered as a victory for women entrepreneurs. After all, Alba and her company may have turned down a 10-figure offer for their baby.
Read more: Billion dollar baby: Jessica Alba's Honest Company is her real entrepreneurial star vehicle
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