Unilever shares surged today (16 March) as rumours circulated that the Anglo-Dutch consumer goods company has attracted the interest of the cash-laden private equity sector.
Unilever shares surged today (16 March) as rumours circulated that the Anglo-Dutch consumer goods company has attracted the interest of the cash-laden private equity sector.
At 2pm (GMT) shares had increased 3.42% to 1,534.76 pence, lifting the group’s market value to almost GBP20bn (US$38.72bn).
The shares have risen after the company was upgraded by various brokerages following Unilever’s investment seminar. No specific predators have been identified.
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