GSK to buy US cancer drug firm Tesaro after making a Horlicks with Unilever
GSK said the acquisition will support "our aim to deliver long-term sustainable growth and is consistent with our capital allocation priorities"
Company
Unilever PLC
LON:ULVR
Unilever is a global supplier of consumer goods, the company`s brands include Knorr, Lipton, Hellmann’s, Magnum, Omo, Dove, Lux and Axe/Lynx.
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GlaxoSmithKline sells Indian Horlicks business to Unilever
The US$3.8bn deal covers GSK’s health food and drinks portfolio in India, Bangladesh, and 20 other predominantly Asian markets
FTSE 100 clings on to triple-digit gain
The Footsie looked destined to finish well off the top but still sporting a handsome gain following a weekend of deals at the G20 and Opec meetings
Unilever CEO Polman to retire in wake of investor revolt over headquarters U-turn
There had been widespread speculation about a boardroom shakeup after Unilever ditched plans to leave the UK for headquarters in the Netherlands
Unilever in exclusive talks to acquire GlaxoSmithKline's Indian Horlicks nutrition business - report
However, Indian newspaper Times of India reported that Swiss consumer products rival Nestlé SA is close to buying Horlicks and other Glaxo consumer healthcare assets
FTSE 100 closes lower as sterling gains on BoE rate comments
The bank suggested there could be a faster pace of hikes if the UK gets a smooth Brexit deal
Archive
No change expected from Bank of England on 'Super Thursday' despite Budget optimism
Aside from the BoE interest rate decision, the Day Ahead will also bring updates from the likes of BT Group, Royal Dutch Shell, Smith & Nephew, Shire, Just Eat, and Indivior
Unilever among 250 firms to make plastic elimination pledge
All 250 signatories have promised that 100% of their plastic packaging will be reused, recycled or composted within seven years
Unilever shares gain as Bryan Garnier upgrades recommendation to 'buy'
Unilever's third quarter sales performance outperformed the wider market, according to Bryan Garnier
Unilever boardroom shakeup expected after U-turn on HQ relocation
“Investor’s confidence in the management has been shaken and many will wonder if a management shakeup will be coming sooner than expected," according to The Share Centre
Unilever reports drop in quarterly turnover in wake of scrapping Dutch relocation plan
Unilever earlier this month abandoned plans to move its headquarters from London to Rotterdam after bowing to pressure from institutional investors
FTSE 100 closes in red as Wall Street shares lag; Brexit exhaustion
The UK blue-chip benchmark finished down over 27 points at 7,026, while the FTSE 250 closed down over 52 points at 18,961.
Archive
Sales acceleration expected from Unilever after Marmite maker's Dutch move stymied
Aside from the latest trading news from Unilever, the Day Ahead includes updates from blue-chip peer Rentokil Initial and FTSE 250-listed Domino's Pizza
Unilever executive tells MPs shareholder communication “could improve”
The Marmite maker has divided opinion among its shareholders of late with its executive pay and HQ relocation plans
PureCircle increases production capacity for stevia sweetener to meet rising demand
An increase in health-conscious consumers and the introduction of a sugar tax in the UK has led to an increase new product launches with stevia.
Unilever becomes Unistayer but other blue-chip companies may quit the UK
As the Clash sang: should I stay or should I go? Any number of mining companies, big pharma, Diageo, Ferguson, Aggreko and Ashtead could all make the jump but three companies in the financial sector look the most likely to up sticks.
Unilever withdraws plans to scrap dual listing and relocate out of UK
The FTSE 100-consumer goods giant said the proposal had “not received support from a significant group of shareholders” after it outlined the plans in September
FTSE 100 closes sharply lower as sterling gains and miners weigh
The UK blue - chip index finished down 99.8 points at 7,318, while FTSE 250 was also lower
Another Unilever shareholder confirms it will vote against Dutch relocation
Unilever shareholders Columbia Threadneedle Investments, Schroders, Aviva and Legal & General Investment Management are also against the move
Investments and investor services
FTSE 100 closes higher midweek, but Tesco takes a hit
Mid-cap cousin FTSE 250 also closed in positive territory - up around 35 points to stand at 20,300