Unilever CEO looking to sell food brands with $1 bln in sales, FD reports
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Unilever is considering selling several food brands with combined sales of approximately $1.05 billion, as stated by CEO Hein Schumacher in an interview with Dutch financial daily FD.
December 02, 2024 | 6:30 am
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Unilever is planning to sell food brands with sales of about $1.05 billion, indicating a strategic shift in its portfolio management.
The sale of food brands worth $1.05 billion suggests Unilever is focusing on optimizing its brand portfolio, which could positively impact its financials and stock price in the short term.
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