Unilevers health kick is risky prescription – Reuters

Toss in a billion pounds a year of cost savings and knock off tax of 18%, and Unilever would make a return on its investment of 6%, hardly above the units cost of capital. Unilever might release a quote for 44 billion pound Reckitt Benckiser (RKT.L), which makes Nurofen, though that would lumber the company with a slow infant food service. If he fails to execute it, shareholders will nevertheless sharpen their knives.Follow @dasha_reuters on TwitterCONTEXT NEWS- Unilever on Jan. 17 signalled it would pursue a deal for GlaxoSmithKlines consumer healthcare business after the pharmaceutical group declined its 50 billion pound offer.

Throw in a billion pounds a year of cost savings and knock off tax of 18%, and Unilever would make a return on its financial investment of 6%, hardly above the systems cost of capital. Unilever could introduce a quote for 44 billion pound Reckitt Benckiser (RKT.L), which makes Nurofen, though that would lumber the company with a sluggish infant food service. If he stops working to execute it, shareholders will nonetheless sharpen their knives.Follow @dasha_reuters on TwitterCONTEXT NEWS- Unilever on Jan. 17 indicated it would pursue a deal for GlaxoSmithKlines customer health care service after the pharmaceutical group declined its 50 billion pound offer.- Unilever shares were down 8% at 36.30 pounds by 1131 GMT on Jan. 17.

Leave a Reply

Your email address will not be published.