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Soapmaker Dove Unilever reports lawsuit from consumer arm of GSK;  stocks fall

Soapmaker Dove Unilever reports lawsuit from consumer arm of GSK; stocks fall

Unilever shares fall more than 8%, GSK wins Unilever signals it will pursue deal for GSK unit Says it is committed to “strict financial discipline” Jan 17 (Reuters) – Unilever (ULVR.L) said on Monday it would pursue a deal for the consumer healthcare arm of GSK (GSK.L), calling it a “strong strategic fit”, but its …

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Unilever eyeing GSK’s consumer goods arm in potential £50bn deal

Unilever eyeing GSK’s consumer goods arm in potential £50bn deal

Unilever confirms interest in GSK assets GSK’s consumer business would be “strong in strategic fit” The Sunday Times says a £50billion bid was rejected at the end of 2021 Unilever faces pressure from shareholders on share price Jan 15 (Reuters) – Consumer goods giant Unilever (ULVR.L) said it had approached GlaxoSmithKline (GSK.L) to buy the …

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US grocery shortages worsen as pandemic dries up supplies

US grocery shortages worsen as pandemic dries up supplies

Jan 14 (Reuters) – Strong demand for groceries combined with soaring transportation costs and Omicron-related labor shortages are creating a new round of backlogs at processed food and fresh produce, resulting in empty supermarket shelves at major retailers across the United States. West Coast perishable produce producers are paying nearly triple pre-pandemic trucking rates to …

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