Unilever

Profit Warning Leads to Decline in Unilever Shares

UnileverThe first profit warning of the Unilever in a decade led its shares to slide on Tuesday. Company behind Persil, PG Tips and Dove warned on Monday that a slowdown in emerging markets has accelerated in the third quarter. The company makes 60% of the revenue from emerging markets. The shares slid to 4% as a result of the warning to 2,345p on Tuesday morning.

In-Depth EU Review of Unilever’s Sara Lee Acquisition

In-Depth EU Review of Unilever’s Sara Lee AcquisitionReports suggest that in order to establish the full impact of the planned acquisition of Sara Lee Corp.'s shower-gel and European detergents business by Unilever, the European Commission has decided to review the deal at length.

It is believed that the European Commission wants to analyze the deal in depth so that the impact of the deal in the markets can be observed and understood.

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