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Unilever announces results of business review

Unilever announces results of business review

Thursday, April 6, 2017, 12:42 PM

Unilever said on Thursday it will exit its spreads business, increase its margin-targets and review its dual-headed legal structure, as it aims to prove it can deliver growth following its rejection in February of a takeover proposal by Kraft-Heinz. The pledges are the result of a business review at the Anglo-Dutch consumer goods-maker, undertaken following the unsolicited $143 billion bid by its US rival.
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