Unilever food division would be worth €31bn

Hellmann's

Unilever’s food division could be worth as much as €31bn (£26.8bn) if the CPG giant proceeds with plans to carve-out the unit containing the likes of Hellmann’s, Knorr and Pot Noodle as a standalone business, according to City analysts

Any move is not expected until 2027, but options on the table include a spin-off of the €12.9bn turnover division or the possibility to retain flagship power brands while separating the rest of the portfolio.

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