Following on from the failed attempt by Kraft Heinz to acquire consumer giant Unilever, a UK politician has argued that there needs to be greater protection from foreign takeover bids.
Unilever has announced that it is undergoing a comprehensive internal review following news that Kraft Heinz has withdrawn its $143bn bid for the company.
Unilever CEO Paul Polman insists the company will continue to invest in its brands across all sectors but that soft markets and a slow global economy do not show any signs of improvement any time soon.
The Anglo-Dutch giant has acquired 82 per cent of Concern Kalina for around €500m due to its successful brands enhancing presence in an attractive emerging market for Unilever, as well as strengthening its Personal Care portfolio creating a leading position...
Anglo-Dutch consumer giant Unilever is looking to accelerate its growth in the Americas yet reduce its environmental impact, by opening a deodorant factory in Mexico.
