Unilever PLC
ULVR: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?fP | LOCK|Z#r | LOCK|>HDkKG |
Unilever: Maintaining Our FVE Following the Sale of Profitable Food Business; Shares Undervalued
Unilever agreed to sell its food business, which houses Hellmann’s and Knorr, to McCormick for $44.8 billion, comprising $15.7 billion in cash plus a 65% stake in the combined entity for Unilever and its shareholders. Unilever shares fell around 7% following the announcement on March 31.
