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Name | Symbol | Market | Type |
---|---|---|---|
Unilever PLC | NYSE:UL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.68 | 1.26% | 54.75 | 54.86 | 54.49 | 54.63 | 2,610,550 | 23:35:50 |
--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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