News

Published on 26 Mar 2024 on Benzinga via Yahoo Finance

Unilever Is Cutting Back On Ice Cream To Revive Its Business

Article preview image

Last Tuesday, Unilever PLC (NYSE: UL) revealed its plans to spin off its ice-cream business. Getting rid of the home of Ben & Jerry’s means cutting 7,500 jobs as part of the company’s cost-savings program. The consumer goods company plans to complete the spinoff by the end of 2025 with the CEO hinting on Sunday that the Netherlands has a good chance of becoming the division’s listing host.

Unilever Is On A Cost-Cutting Mission

Read the rest of the article
AMS.UNA price evolution
NYSE.UL price evolution
LSE.ULVR price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Why Personal Products Major Unilever Shares Are Rising Today - Unilever (NYSE:UL)

Unilever PLC UL shares are trading higher following first-quarter FY24 earnings. Turnover rose 1....

Benzinga 26 Apr 2024
Why Unilever Stock Jumped Higher on the Market's Down Day

Shares of multinational consumer-goods conglomerate Unilever (NYSE: UL) jumped higher on Thursday...

Motley Fool via Yahoo Finance 26 Apr 2024
Unilever Beats Disappointing Nestle in a Reversal of Fortunes

Unilever Plc turned the tables on Nestle SA in the first quarter, as the UK consumer goods compan...

Bloomberg 25 Apr 2024
Unilever Sales Rise More Than Expected, Led by Beauty

The Anglo-Dutch consumer goods group said sales rose 4.4 percent in the first three months of the...

The Business of Fashion 25 Apr 2024
Unilever ice cream sale won’t change us, says Ben & Jerry’s - The Boston Globe

Ben & Jerry’s independent board said it won’t stop overseeing the “social mission” of the brand e...

The Boston Globe 24 Apr 2024
Unilever India Is Losing Foreign Shareholders on High Valuations

Global investors have cut holdings of Hindustan Unilever Ltd. to a four-year low as the company...

The Business of Fashion 24 Apr 2024
Unilever PLC (NYSE:UL) Shares Sold by Greenleaf Trust

Greenleaf Trust lowered its stake in shares of Unilever PLC (NYSE:UL – Free Report) by 63.3% in t...

ETF DAILY NEWS 24 Apr 2024
Cwm LLC Has $7.72 Million Stock Position in Unilever PLC (NYSE:UL)

Cwm LLC reduced its position in Unilever PLC (NYSE:UL – Free Report) by 8.3% in the 4th quarter,...

ETF DAILY NEWS 23 Apr 2024
10 Best Soaps and Cleaning Materials Stocks to Buy

In this article, we discuss the 10 best soaps and cleaning materials stocks to buy. To skip the d...

Insider Monkey via Yahoo Finance 21 Apr 2024
SVB Wealth LLC Sells 1,694 Shares of Unilever PLC (NYSE:UL)

SVB Wealth LLC cut its holdings in Unilever PLC (NYSE:UL – Free Report) by 13.6% during the 4th...

ETF DAILY NEWS 21 Apr 2024

Copyright Statfolio @ 2024

Social Accounts