Unilever NV (UNIA.AS)
28 Apr 2017
NEW YORK (Reuters Breakingviews) - Antony Burgmans seems to have a different view of hostile takeovers now that he is defending against one. As supervisory chairman of Akzo Nobel, one of the jewels in the Netherlands' industrial crown, Burgmans is trying to stonewall an unsolicited $24 billion bid from PPG Industries, not to mention calls for his head. Akzo has refused to even discuss the offer, which its U.S. rival already has increased once.
LONDON Unilever reported a surprise pick up in quarterly sales growth on Thursday, boosting its argument that it can improve performance on its own after spurning a $143 billion takeover offer from Kraft Heinz in February. | Video
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ZURICH Swiss food giant Nestle maintained its modest 2-4 percent growth target for underlying sales this year, slightly less than Anglo-Dutch rival Unilever , after growth in the first quarter was hit by weak consumer demand for packaged foods in North America and weaker prices in western Europe.
LONDON, April 20 European shares inched up on Thursday as strong results from Unilever lifted bluechip consumers staple stocks and helped offset weakness in the energy sector.
April 20 Britain's blue chip FTSE 100 index is seen opening down 0.16 percent at 7103 points on Thursday, according to financial spreadbetters, with futures down 0.1 percent ahead of the cash market open.
LONDON, April 20 Consumer goods maker Unilever reported better than expected first-quarter sales on Thursday, helped by pricing growth.
LONDON Unilever and Reckitt Benckiser Group have picked Morgan Stanley to advise on their planned food brand disposals, sources said on Thursday, giving the U.S. investment bank a seat at two of the consumer industry's most sought-after tables.
LONDON, April 13 Unilever and Reckitt Benckiser Group have picked Morgan Stanley to advise on their planned food brand disposals, sources said on Thursday, giving the U.S. investment bank a seat at two of the consumer industry's most sought-after tables.