Unilever Mulls Selling Iconic British Brands

Markets & Money Today | 2 Min News | The Daily News Now! - Podcast autorstwa The Daily News Now! - Piątki

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Unilever, the multinational consumer goods giant, is reportedly considering selling off iconic British brands like Marmite, Bovril, and Colmans Mustard. This move aligns with the companys strategy to focus on health and beauty products, streamline operations, and revitalize performance. The potential sale follows a trend of divesting from its food portfolio, including the sale of Lipton Tea in 2022. The future ownership of these British staples, with histories dating back centuries, remains uncertain. Unilevers restructuring efforts also include the planned spin-off of its ice cream business.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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