Unilever Pursues Higher Valuation Through Portfolio Restructuring

Unilever seeks higher valuation multiple through beauty and personal care focus

Unilever is betting that shedding food assets and focusing on beauty, personal care and home products will ​close a valuation gap with more focused rivals. The challenge is convincing investors that a simpler company can deliver higher returns. The maker of ‌Dove soap, Axe deodorant and Cif cleaning products trades at 11.5 times enterprise value […]