As Unilever reviews business, HUL eyes recovery

March quarter expected to be better than December quarter for Indian arm, say analysts

Unilever, the world’s second-largest consumer goods company, is undertaking a comprehensive review of its business as it seeks to lift shareholders’ returns. 

Coming after the failed takeover bid by Kraft Heinz last month, the London- and Rotterdam-based firm’s plan includes examining all options pertaining to its portfolio, cutting costs and deploying cash for making medium-sized acquisitions.

The first move in this regard has been made with the Anglo-Dutch major contemplating a $7.4-billion sale of some of its food brands in the butter and margarine categories. This is expected to trim Unilever’s foods division, which contributes 40 per cent to its