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UNA Unilever PLC

50.02
-0.16 (-0.32%)
Last Updated: 15:30:12
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unilever PLC EU:UNA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.16 -0.32% 50.02 50.02 50.04 50.34 49.82 50.24 810,418 15:30:12

Unilever Seeks to Sell Elida Beauty Brand Portfolio, Reuters Reports

20/09/2023 4:13pm

Dow Jones News


Unilever (EU:UNA)
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From May 2023 to May 2024

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--Unilever intends to sell its Elida beauty brand portfolio which includes noncore beauty and personal care brands, Reuters reports, citing unnamed sources.

--The Anglo-Dutch retailer is reviving a sale process for this basket of brands which had been abandoned two years ago and not reported on, Reuters reports.

--The investment banks it has hired--Morgan Stanley and Evercore Inc--have contacted different parties to measure interest in the division for a deal that could be worth multiple billions of dollars, Reuters reports.

 

Full story: https://tinyurl.com/bde7tbfh

 

Write to Elena Vardon at elena.vardon@wsj.com

 

(END) Dow Jones Newswires

September 20, 2023 10:58 ET (14:58 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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