Unilever has been on a soul-searching mission for over a year as it streamlines its business to focus on its power brands, slashes jobs, and spins off units.
To trim the fat further, the London-listed consumer giant that makes Magnum ice cream and Dove soap is planning to sell off food brands worth €1 billion in cumulative annual sales. The food division brought in €13.2 billion in turnover last year.
