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Kraft walks away from ''friendly'' bid for Unilever

Kraft walks away from ''friendly'' bid for Unilever

U.S. food company Kraft Heinz Co withdrew its proposal for a $143-billion merger with larger rival Unilever Plc, the companies said on Sunday, raising questions about whether Kraft will turn its focus to another target.

Consumer giants court Muslims with halal face creams, shampoos

Unilever, Beiersdorf and L`Oreal are among the multinationals converting their supply chains for Indonesia.

Unilever first-quarter sales better than expected

The Anglo-Dutch maker of Dove soap, Lipton tea and Ben & Jerry`s ice cream cited an improvement in China and an earlier Easter. 

Plan over Rs 700 crore spend by 2019 on sanitation in India: Unilever

Global FMCG giant Unilever plans to spend 100 million euros (over Rs 700 crore) by 2019 on sanitation programmes in India while it looks to become a key partner in Prime Minister Narendra Modi's clean India campaign.

Google, Apple world's most 'in-demand' employers: LinkedIn

The 'World's 100 Most InDemand Employers: 2014' was based on billions of interactions from LinkedIn's over 300 million members.

Unilever says Q3 sales dip, blames China slowdown

Dutch food and cosmetics giant Unilever on Thursday posted a third quarter drop in sales down 2.0 percent, blaming a slowdown in emerging markets, particularly in China.

Unilever says Q1 sales down, blames exchange rates

Unilever employs over 173,000 people worldwide.

Facebook, Unilever to study Internet adoption in rural India

FMCG giant Unilever has partnered Internet.Org, a Facebook-led alliance, to study how Internet adoption can be increased in rural communities in India.

Unilever beats forecasts as emerging markets rebound

Consumer goods maker Unilever reported better-than-expected 2013 results on Tuesday, with an improved performance in emerging markets after currency devaluations earlier last year hurt demand.

Global FMCG majors bet big on India despite slowdown

Unilever, GlaxoSmithKline and PepsiCo made big bang announcements during the year as they decided to enhance their play in the "strategic and emerging" Indian market.

Unilever reports sales slowdown in third quarter

Unilever on Thursday reported slower sales growth for the third quarter, providing further evidence that a slowdown in emerging markets is hitting demand for its consumer goods.

Unilever warns of slowdown in sales in emerging markets

During the April-June quarter, Unilever reported sales growth of 5 percent led by growth in emerging markets where sales went up by 10.3 percent.

Emerging Asia to be largest consuming block by 2020: Manwani

Despite concerns over slowdown in sales in the sort term in India, Manwani expressed confidence in the medium to long term growth prospects of the FMCG sector in the country.

Unilever says profits soar on tea, ice cream sales

Anglo-Dutch food and cosmetics giant Unilever reported a profit jump today with the help of sales of tea and ice cream, and emerging markets.

Unilever raises stake in HUL to 67.28% for Rs 19,180 cr but misses target

The company fell short of its target as it had planned to hike the stake in HUL to 75 percent through the open offer from the earlier stake of 52.48 percent.

Unilever's $5.4 bn open offer for HUL begins

Anglo-Dutch FMCG giant Unilever Plc's USD 5.4 billion open offer to increase stake in its Indian arm Hindustan Unilever Limited (HUL) to up to 75 percent commenced Friday.

Unilever's open offer price for HUL 'fair, reasonable': Panel

FMCG major Hindustan Unilever Tuesday said the committee of independent directors that looked into parent firm Unilever's proposed USD 5.4 billion open offer, is of the view that the offer price of Rs 600 per share is "fair and reasonable".

Unilever's $5.4 bn offer for HUL begins June 21

Anglo-Dutch firm Unilever's USD 5.4 billion open offer to buy 22.52 percent stake in its Indian arm Hindustan Unilever begins June 21.

Unilever-HUL deal largest Indian inbound M&A on record

Unilever Plc's USD 5.4 billion bid for a 23 percent stake in Hindustan Unilever is the largest Asia Pacific cross border inbound merger and acquisition (M&A) deal so far this year and is the fifth largest India Inbound M&A transaction on record till date.

Risk of modest slowdown in India, says Unilever

FMCG giant Unilever has said there is a risk of modest slowdown in key emerging markets such as India, even as consumer demand here remains robust.