Unilever shares fell 3.5% on Wednesday with investors concerned that the maker of Hellmann’s sauces would get “distracted” by the potential spin-off of its food business, questioning the benefits so soon after its protracted ice cream unit split.
Bloomberg News reported on Tuesday that Unilever is in the early stages of weighing a separation of its food assets, citing people familiar with the matter. The news comes just months after Unilever separated from its ice cream brands, which listed … [2856 chars]
Source: Reuters | Published: 2026-03-18T18:12:07Z
Credit: Reuters
