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-0.00015302218821737 -0.000215761285386367 0.000459066564651892 0.00122417750573831 0.00107115531752094 0.00107115531752094 0.00107115531752094 0.00107115531752094
Stock impact report

Unilever considers separating food business in portfolio review [Yahoo! Finance]

Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: Yahoo! Finance
The maker of Hellmann's mayonnaise is reportedly speaking with advisers as it studies future options including a potential separation of most or all of the food business. The company is in preliminary stages of weighing possibilities such as spinning off the business as a whole, or keeping some marquee brands while separating the rest, though it may not pursue any deal before 2027. A transaction would likely value the Unilever food business at tens of billions of dollars. The company has not made any final decisions and could opt to retain its current structure or pursue other alternatives. Unilever's food assets could also attract interest from potential buyers, according to the report. The company's food brands include Colman's condiments, Knorr stock cubes, Maille dijon mustard and Namdong instant noodles, as well as the savory Marmite spread. Unilever has over the last decade sold off food assets including its global spreads division, which included I Can't Believe It's N Show less Read more
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