A majority of Unilever shareholders favored further discussions with Kraft-Heinz vs. a sharp rejection of its takeover bid, according to a survey conducted by Bernstein.
The poll published on Thursday indicated that 53% of Unilever shareholders said they would have liked the Anglo-Dutch company to have negotiated with Kraft-Heinz.
Of those for negotiations, the majority stated that they wanted a 40% premium to Unilever’s share price, instead of the 18% premium proposed by Kraft Heinz.
By Giovanni Bruno
Source: The Street
Schumacher will replace Alan Jope, who announced his decision to retire last September, less than a year after a failed attempt by Unilever to buy GlaxoSmithKline’s consumer healthcare business and just months after activist investor Nelson Peltz joined the company’s board.
Globally, plant-based ice creams have doubled their share of the market over the last five years, according to Tetra Pack. Pea protein and coconut milk are leading the way, but Tetra Pak cites data showing that oat-based ice cream launches have doubled in the previous year.
A myriad of so-called eco-labels are being rolled out across various F&B products, but with no gold standard or strict rules governing precisely what the logos mean and what methodology is behind them, concerns are growing that they will confuse consumers and ultimately be counterproductive.
