Unilever May Eventually Leave Food Sector (But Not Yet)

Ratings agency Fitch has suggested that Anglo-Dutch consumer goods firm Unilever is likely to continue shedding food brands in an attempt to increase its focus on its personal care business. BMI has previously identified that Unilever is currently showing much greater interest in the personal care side of its business and we have also suggested that its valuation could benefit from splitting its food and personal care operations into separate companies. That said, Unilever's strong exposure to emerging markets is partly a result of the wide reach of its food business and we would caution that, while personal care may

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