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Unilever Cuts Food Business to Pursue Higher Beauty and Household Valuations

Unilever logoUnilever
Sig3.60Sen+0.80Env0.00Soc0.00Gov0.00

Unilever is reshaping its business by reducing exposure to food and increasing focus on beauty, personal care and household products. The strategy seeks higher growth and valuations like more focused consumer companies. The transaction leaves Unilever with nearly 10% of shares in the combined company, with Unilever shareholders owning about 55%, but investors are awaiting proof of improved performance and execution.

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