Home Tag "Unilever"

Unilever In Bid For Asian Growth, To Buy Carver Korea For US$2.7bn.

Unilever in an apparent bid for Asian growth has agreed to buy Carver Korea from Goldman Sachs, Bain Capital and Carver’s founder for US$2.7bn. Carver Korea, the fastest-growing skincare business in South Korea, through sales of its A. H. C brand, makes whitening creams, facemasks and lotions. By Unilever’s estimates, South Korea is the fourth-biggest […]

The Electric Car Reinvented By Dyson?

Is The “Undervalued” GraceKennedy Group an Acquisition Target? Part 2/4 Potential Bidders

Potential Bidders The acquisition cost of the GraceKennedy Group to a big multinational company like Kraft Heinz, Unilever or even P&G would not be difficult to pull off, even at a premium which is usually the case. These companies could either choose to acquire the Group, selling off the financial business to a third party […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Trinidad And Tobago Showing No Sign Of Recovery In The Short Term: Pablo Garrido Unilever Chairman

Despite the difficult economic environment, Unilever Caribbean Limited closed 2016 with solid performance growing revenue by 3.2% and profit before tax growing by 2.4% over the prior year. Earnings per share on a reported basis closed at 1.62 cents (2015 1.70) excluding one tax items EPS was a credible 1.71 cents. The local market in […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Unilever Caribbean Closed 2016 With Top Line Revenues Growing By 3.2%

Unilever Caribbean Limited closed 2016 with top line revenues growing by 3.2% and profit before tax growing by 2.4% over the prior 2015 period. The local market in Trinidad and Tobago continued to be challenged in 2016 as the effects from the decline in the energy sector stifled economic activity and was particularly acute in […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

UK Government Needs To Work To Protect Its “National Champions” And That Companies Should Have More Time To Defend Themselves In The Event Of An Approach – Polman

Head of Unilever, Paul Polman, is calling for stronger UK takeover rules following a failed bid from Kraft Heinz. He says the UK government needs to work to protect its “national champions” and that companies should have more time to defend themselves in the event of an approach. Under the current UK Takeover Code, a […]

The Electric Car Reinvented By Dyson?

Kraft Drops Bid To Takeover Unilever

Kraft Heinz has dropped its plan to buy Anglo-Dutch rival Unilever.   Marmite-maker Unilever rejected the US food giant’s bid on Friday, saying it saw “no merit, either financial or strategic” in Kraft’s offer, despite it being worth about $143bn.   The deal would have been one of the biggest in corporate history, combining dozens […]

The Electric Car Reinvented By Dyson?