Unilever seeking spreads sale

Look for update on divestment process alongside third quarter numbers
Thursday 12 Oct 2017 Author: Tom Sieber

Thursday 19 October

Look for an update on the sale process for its spreads business when consumer goods giant Unilever (ULVR) reports third quarter results on 19 October.

The company hopes to net $8bn from a sale of the business which makes Flora and Stork margarines.

The market will also be looking for a progress report on the wider ‘Connected 4 Growth’ programme and review launched in the wake of a rebuffed $143bn bid from Kraft Heinz earlier this year.

‹ Previous2017-10-12Next ›

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.