Unilever Plc

Unilever also informed that along with shifting jobs the the ice cream unit, the company plans a freeze on hiring, and will allow natural attrition to reduce the number of employees who were impacted by the decision to reduce headcount.

Unilever sees consumer backlash worsening on inflation

Unilever will keep raising its pricing as it has only passed off three-quarters of its higher costs onto consumers, Chief Executive Officer Alan Jope said in a Bloomberg TV interview.

Coronavirus pandemic | Unilever withdraws 2020 forecast, to pay interim dividend

The Anglo-Dutch company's report follows strong results from larger rival Procter & Gamble, which last week reported its biggest US sales increase in decades

Unilever shares slide after warning of sales miss

In an unscheduled trading update, Anglo-Dutch Unilever also struck a downbeat tone on its prospects for meeting its mid-term target for sales growth of 3-5 percent next year.

Unilever denies reports that its tea business is up for sale

The Telegraph reported late on Saturday that Unilever was exploring a sale, in the face of waning demand for teas in western markets such as the United Kingdom, where black tea bag sales fell 3.4% last year.

HUL board apporves merger with GlaxoSmithKline Consumer Healthcare

The transaction is an all equity merger with 4.39 shares of HUL being allotted for every share in GSKCH India, which sells consumer healthcare prodcts, including popular drink brand Horlicks.

Unilever warns of one more quarter of pain on India growth

Rising input costs and consequent jump in skincare product prices translated into weak sales numbers for the third quarter for Unilever, much in line with analysts‘ expectations. A post-result presentation by parent Unilever Plc cautioned there could be one more quarter of pain.

Ralph Lauren hires Old Navy exec to replace him as CEO

Ralph Lauren Corp, founded by 75-year-old Lauren in 1967, appointed Stefan Larsson, the global president of Gap's Old Navy division, as CEO effective in November. Lauren will continue to serve as executive chairman and head its design team, the company said in a statement.

Unilever: Q4CY13 results review & what it means for HUL?

It is always an interesting day for HUL whenever its parent company Unilever PLC reports its numbers. On January 21 2014, Unilever PLC reported its full year and Q4 numbers. Pragya Bhardwaj of CNBC-TV18 analyses the results and its impact on HUL.

Hindustan Unilever Q1 PAT seen down 35.4% at Rs 860 cr

The result will be closely watched by the street after its parent company Unilever PLC said growth was slowing in emerging markets like India.

Unilever's Q2 sales growth misses forecasts

Unilever CEO Paul Polman says: "This set of results clearly demonstrates that the transformation of Unilever to a sustainable growth company is fully on track. The strong Home Care and Personal Care performance is particularly pleasing given increased competitive pressure."

Open offer payment to HUL shareholders by July 18: Unilever

Unilever Plc said that it will complete the payment for shares from the open offer by the shareholders of Hindustan Unilever by July 18. Unilever Plc will then be acquiring beneficial ownership of the shares accepted in the open offer.

Hindustan Unilever hits new high; parent ups stake to 67%

London and Rotterdam headquartered Unilever paid Rs 600 a share to acquire additional stake in Hindustan Unilever, which it says has potential for attractive long-term growth.

Should investors tender shares in HUL`s open offer?

According to Aditya Birla Money in short term, HUL may underperform the market due to moderating growth, rise in the royalty resulting in modest earnings growth and thereby limiting the valuations multiple. However in medium to long term, HUL will continue to grow at 12-15 percent CAGR, says the research report.

Unilever open offer price for HUL 'fair, reasonable': Panel

FMCG major Hindustan Unilever's committee that looked into the propsed USD 5.4 billion open offer siad that the offer price of Rs 600 per share was fair and reasonable.

Unilever to begin raising stake in HUL from June 21

Unilever Plc got the approvals from the Indian market regulator to increase its stake in the Indian subsidiary, Hindustan Unilever, from June 21. The parent company is looking to raise stakes to 75 percent.

Rupee near one-week high; RBI, government steps aid

Indian rupee touched 54.3250 on Tuesday; its highest in one-week. It is now currently trading at 56.36/37; still higher than its close of 56.44/45.

Hindustan Unilever's open offer to begin on June 21

Hindustan Unilever today said the USD 5.4 billion-open offer by its parent firm Unilever Plc to buy 22.52 percent stake in the company would begin on June 21.

Arbitrage seen in Hindustan Unilever buyback: ICICIdirect

ICICIdirect.com has come out with its report on Hindustan Unilever (HUL). The buyback acceptance ratio is expected to be in the range of 65-70 percent, hence 1 lot (500 shares) of short future is recommended for every 1500 shares bought in cash, says the research firm.

5 reasons why Unilever is so keen to invest in HUL

Unilever Plc's offer on Tuesday for an additional 22.5 percent stake in its Indian arm Hindustan Unilever (HUL) at a 20 percent premium took most by surprise.

Multinationals bank on HSBC for big deals

2013 is turning into a dream run for HSBC. After its successful conclusion of the Glaxosmithline PLC voluntary open offer earlier, it surprised the street with yet another voluntary open offer worth USD 5.4 billion from Unilever PLC for its Indian arm Hindustan Unilever (HUL).

ITC, Dabur & all FMCG members join Hindustan Unilever party

Shares of most fast moving consumer goods companies gained 2-7 percent on Tuesday morning, buoyed by Anglo-Dutch Unilever's voluntary open offer to raise stake in the domestic market leader Hindustan Unilever.

Hindustan Unilever an arbitrage, not delisting play: Tater

Shares in Hindustan Unilver Ltd rose 20 percent in early morning trade on Tuesday. It was after parent Unilever Plc said it would make an open offer for an additional 22.52 percent stake in the company at Rs 600 per share.

Hindustan Unilever jumps 20%, hits life high of Rs 597

Hindustan Unilever shares surged 20 percent in opening trade to touch a new 52-week high of Rs 596.65 on NSE on Tuesday after Anglo-Dutch parent Unilever said it is making a voluntary open offer to acquire 48.70 crore shares, which is 22.52 percent of the total voting share capital from public shareholders.

Hindustan Unilever to spin off FMCG exports business

Hindustan Unilever, a unit of Anglo-Dutch Unilever Plc, said its board had approved a proposal to spin off its fast moving consumer goods (FMCG) exports business.