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.

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