Unilever’s new boss whets appetite for split aimeedonnellan
and the food business was valued on 11 times with around 10 billion euros of costs deducted, the two businesses could be worth over 52 euros per share. Unilever’s current share price is barely 40 euros per share.
That looks an easier way for Schumacher to impress investors like Nelson Peltz than reviving a Unilever operating margin that is forecast to slump to around 16% over the next three years, according to Refinitiv. That’s a big fall from the 18% the company historically enjoyed, and arguably necessitates radical action. America's hazy chip deal fogs market signals
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