Company News, Financial News

Unilever’s ‘Reviewing Options’

Seeks ways to boost shareholder value.

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By: TOM BRANNA

Editor

Looks like the cheese-and-ketchup maker has lit a fire under Unilever executives. The world's No. 2 FMCG company said it is reviewing options after rival Kraft Heinz withdrew a $143 billion takeover offer. The owner of brands including Hellman's and Lipton says it is “conducting a comprehensive review of options available” to boost shareholder value quickly. It expects the review to be completed by early April, but did not specify what it might entail. The deal that wa...

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