Unilever Puts European Food Brands on the Block in Portfolio Slim-Down -- Market Talk
Dow Jones
Oct 23, 2025
1044 GMT - As Unilever looks to shed some of its food brands and sharpen its focus, it is looking to dispose of some of its local European brands, the company's Chief Executive Fernando Fernandez says on a call with reporters. The U.K. consumer-goods giant is looking to reduce its portfolio of food brands, offloading business that generate combined sales of around 1 billion euros, most of it for local brands in European markets, he says. Unilever sold Dutch food company The Vegetarian Butcher to Vivera in March. Shares rise 1.5% to 47.21 pounds. (aimee.look@wsj.com)
(END) Dow Jones Newswires
October 23, 2025 06:45 ET (10:45 GMT)
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