Unilever

Bankers Gear Up for $9 Billion Debt Maneuver Amid Unilever Ice Cream Sale Talks

14 days ago

In a significant turn of events for the consumer goods sector, bankers are preparing to facilitate a staggering $9 billion debt package as discussions intensify surrounding the potential sale of Unilever's ice cream division. This strategic move highlights the growing interest from investors and private equity firms in acquiring one of the world's leading ice cream businesses, known for its popular brands like Ben & Jerry's and Magnum.

Unilever India Announces Spin-Off of Ice Cream Business into Separate Listed Entity

28 days ago

In a significant corporate restructuring move, Unilever India has revealed plans to spin off its ice cream division into a standalone, publicly listed company. This decision marks a strategic pivot that aims to enhance focus on the ice cream segment while allowing both the new and existing entities to maximize their growth potential in India's rapidly expanding consumer market.

Ben & Jerry's Takes Legal Action Against Unilever Over Speech Restrictions Related to Gaza Conflict

1 month ago

In a bold move that has sent ripples through the corporate world, Ben & Jerry's has filed a lawsuit against its parent company, Unilever. The ice cream brand is challenging what it describes as restrictive measures imposed by Unilever that limit its ability to express its views on pressing global issues, particularly the ongoing conflict in Gaza.

Concerns Grow as Major Companies Face Low Consumer Demand in India

2 months ago

In recent months, several of India's largest companies are expressing growing anxiety over dwindling consumer demand, a trend that has raised alarms across various sectors. Giants such as Reliance Industries and Unilever have been particularly vocal about the challenges posed by a sluggish economy and shifting consumer behaviors. These firms are now reevaluating their strategies to navigate a marketplace that is increasingly complex and less predictable.

Unilever Accelerates Sales Growth Following Strategic Overhaul

2 months ago

Unilever has reported a notable increase in its sales growth, reflecting the impact of recent strategic changes within the company. The multinational consumer goods giant, renowned for its diverse range of products, announced a 10.5% rise in underlying sales during the third quarter of 2024. This marks a significant acceleration from the previous quarter's growth rate and has exceeded analysts' expectations.

Unilever India Falls Short of Profit Expectations Amid Continuing Demand Weakness

2 months ago

In a recent financial report, Unilever India has disclosed that it failed to meet profit expectations, predominantly due to ongoing weakness in consumer demand. The consumer goods giant, which has a strong foothold in the Indian market, reported that the sluggishness in consumption patterns has persisted longer than anticipated.