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The Latest Breaking News from Unilever

Why the London Stock Exchange has become a playground for activist investors

GlaxoSmithKline, SSE, Unilever, and Shell have all found themselves in the crosshairs of activist funds who until recently focused their attentions on Wall Street — why?

Evening Standard · Jan 27, 2022

Crypto’s gold standard claims are fading fast

Bitcoin and its ilk have slipped deeper alongside the market appetite for risk. Just look at the Nasdaq

The Guardian - UK · Jan 25, 2022

Marmite, Domestos, Ben and Jerry’s, and Persil owner Unilever planning around 1,500 global job cuts

Jobs will go across the UK and its worldwide operations by the end of the year

Birmingham Post · Jan 25, 2022

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Marmite-owner Unilever to cut 1500 jobs as under-fire CEO Alan Jope announces sweeping overhaul

Jope said the restructure will help kick-start growth at Unilever, which has faced unrest from investors after poor performance

Evening Standard · Jan 25, 2022

Marmite and Dove maker Unilever to cut 1,500 jobs worldwide

Consumer goods business has come under increasing pressure from shareholders unhappy with its performance

The Independent UK · Jan 25, 2022

Unilever slashing 1,500 jobs worldwide under restructure

The Marmite-to-Dove soap maker is planning to axe around 15% of senior management roles and 5% of more junior management jobs.

The Independent UK · Jan 25, 2022

Marmite and Dove manufacturer Unilever to cut 1,500 jobs

It employs 6,000 people in the UK and Ireland

Wales Online · Jan 25, 2022

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Marmite and Dove maker Unilever to cut 1,500 jobs in huge global restructuring

Unilever products include Domestos bleach, Ben & Jerry's ice cream and Hellman’s mayonnaise. The announcement comes after it lost a takeover bid for GlaxoSmithKline - the maker of Aquafresh toothpaste and Panadol

Daily Mirror · Jan 25, 2022

Unilever to cut 1,500 jobs as investors increase pressure

Marmite and Ben & Jerry’s maker to reduce management roles, including in the UK

The Guardian - UK · Jan 25, 2022

UK factories plan price hikes; IMF backs support over energy prices – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Jan 25, 2022

Break-up chatter at Unilever as Nelson Peltz’s Trian takes stake

The activist investor’s presence on Unilever’s share register increases pressure on embattled CEO Alan Jope

Evening Standard · Jan 24, 2022

City comment: Nelson Peltz joins the party at Unilever

Alan Jope is having a busy couple of weeks.

Evening Standard · Jan 24, 2022

Stock markets and bitcoin fall amid Ukraine worries and US interest rate rise fears – as it happened

Worries over Ukraine tensions and prospect of US interest rate rises hits stocks, wiping out FTSE 100’s early 2022 gains, before a late recovery on Wall Street

The Guardian - UK · Jan 24, 2022

Pressure for shake-up expected at Unilever as activist investor buys stake in firm

Nelson Peltz’s hedge fund takes position in company thrown into turmoil after £50bn offer for a division of GSK

The Guardian - UK · Jan 23, 2022

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The Guardian - UK · Jan 20, 2022

Time for Unilever boss to concede lack of appetite for a big tilt

Shake-up will have to be gradual, and deal-making on a smaller scale needn’t be off the table

The Guardian - UK · Jan 20, 2022

Top investor castigates Unilever after failed £50bn bid for GSK arm

Terry Smith says bosses must focus on improving core business or step down after ‘near-death experience’

Evening Standard · Jan 20, 2022

Unilever’s doomed £50bn GlaxoSmithKline bid was a ‘near-death experience’

Fund manager Terry Smith made a fresh attack on Unilever following the collapse of its bid for GlaxoSmithKline’s consumer-health unit, saying the Dove soap maker needs to focus more on fixing its own business.

Evening Standard · Jan 20, 2022

City comment: Unilever CEO Alan Jope is walking a tightrope after GSK tilt

Questions remain about strategy despite the GSK climbdown

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The Guardian - UK · Jan 20, 2022

UK households hit by rising cost of living; Omicron lifts US jobless claims to three-month high – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard · Jan 20, 2022

FTSE 100 Live: Unilever shares rise as Glaxo interest cools, China cuts rates, Nasdaq in correction territory

The Nasdaq’s slide into “correction” territory after falling 10% since November today failed to unsettle the FTSE 100 index.

Bangkok Post · Jan 20, 2022

Unilever won't up £50bn offer for GSK-Pfizer unit

LONDON: Consumer goods giant Unilever on Wednesday said it would not increase a £50-billion offer for the consumer healthcare unit owned by pharmaceutical groups GlaxoSmithKline and Pfizer.

Birmingham Post · Jan 20, 2022

Marmite maker Unilever urged to focus on health by shareholder group after difficult week

The group sold PG Tips and Lipton to CVC Partners for £3.8bn towards the end of 2021

The Guardian - UK · Jan 19, 2022

Big questions for Unilever board after GSK pursuit ends

Delivering a minor heart attack to the share price, however temporarily, is not a good look

The Guardian - UK · Jan 19, 2022

Unilever will not increase £50bn offer for GSK consumer arm

Company says data shared by GSK suggests ‘fundamental value’ of business no higher than offer

The Independent UK · Jan 19, 2022

Unilever won't top $68B bid for GSK consumer healthcare unit

Unilever, the maker of Vaseline skin care products and Dove soap, says it won’t increase a 50 billion-pound ($68.2 billion) offer for GlaxoSmithKline’s consumer healthcare unit that was rejected last week

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