Unilever is preparing the ground for a series of blockbuster mergers that could include deals with rivals such as Colgate-Palmolive and Estée Lauder, according to City sources.
In a wholesale restructuring unveiled last week, including a plan to shift its headquarters from London to Rotterdam, the consumer goods giant said it would split into three operational divisions: household products, personal care and food. The move is designed to facilitate future mega deals, according to company insiders.
Read more at The Times