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| Name | Symbol | Market | Type |
|---|---|---|---|
| Unilever NV | NYSE:UN | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 60.50 | 0 | 01:00:00 |
From May 2019 to May 2024
By Chip Cummins
LONDON -- Unilever PLC said in a brief statement it has settled its dispute with Tesco PLC, after the two British corporate giants clashed over pricing in the U.K.
Late Thursday, Unilever said "the supply situation with Tesco in the U.K. and Ireland has now been successfully resolved." It gave no details.
Late Wednesday, Tesco, Britain's largest grocer, pulled Unilever products from its website, with people familiar with the matter saying the consumer-goods giant was demanding a 10% increase for its products. Earlier Thursday, Unilever confirmed it had asked all its retailer customers for price increases, citing the falling value of the pound.
In a separate statement late Thursday, Tesco confirmed the resolution, without giving details.
Write to Chip Cummins at chip.cummins@wsj.com
(END) Dow Jones Newswires
October 13, 2016 13:50 ET (17:50 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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