Welcome to our dedicated page for Unilever NV news (Ticker: UN), a resource for investors and traders seeking the latest updates and insights on Unilever NV stock.
Unilever NV (UN) is a global leader in fast-moving consumer goods, driving innovation across personal care, nutrition, and household products. This dedicated news hub provides investors and industry professionals with essential updates directly impacting market perception and corporate valuation.
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Key updates include product innovation timelines, leadership changes affecting FMCG sector dynamics, and financial performance metrics. Bookmark this page for immediate access to dividend announcements and brand portfolio expansions critical for informed market participation.
Unilever U.S. is recalling approximately 137,000 cases of Popsicle Jolly Rancher Frozen Confection Pop single-serve products due to undeclared milk. The recall affects only products marked for individual sale, typically sold through ice cream trucks, concession stands, and grab-and-go freezers. Multi-pack products sold in grocery stores are not affected.
The recall covers specific lot codes of the 2.71 fl oz Green Apple Blue Raspberry Grape flavor, distributed between February 1, 2024, and August 15, 2024. Two allergic reactions have been reported. Consumers with milk allergies are advised not to consume the product and visit www.PopsicleRecall.com for reimbursement information.
Unilever has announced the sale of its Suave brand in North America to Yellow Wood Partners LLC. This move is part of Unilever's strategy to shift towards more strategic growth opportunities. Esi Eggleston Bracey, President of Unilever USA, expressed confidence in Suave's future success under new ownership. The transaction is expected to close in Q2 2023, pending regulatory approvals. Suave will continue to be managed by Unilever outside the U.S. and Canada. Financial details of the sale have not been disclosed.
Unilever Food Solutions is recalling approximately 553 cases of Knorr Professional Soup du Jour Red Thai Style Curry Chicken with Rice Soup Mix due to undeclared milk in the product. This poses a risk of severe allergic reactions for those sensitive to milk. The affected lot, produced on January 19, 2022, was distributed from March 15 to July 12, 2022. Although no consumer complaints have been reported, customers are advised not to consume the product and to seek refunds with proof of purchase.
Unilever PLC filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2021, on March 9, 2022. The report is accessible on their investor relations website. In 2021, Unilever reported sales of €52.4 billion, with a strong presence in developing markets and a portfolio of around 400 brands. The company emphasizes its commitment to sustainable business practices and has received recognition in various sustainability indices. For further details, the report can be requested free of charge from their Investor Relations Department.
Galileo Acquisition Corp. (NYSE: GLEO) announced a special meeting scheduled for September 28, 2021, to vote on a proposed business combination with Shapeways, Inc., a leader in digital manufacturing. The SEC has declared effective Galileo's registration statement, allowing the meeting to proceed. This merger could yield up to $195 million for Shapeways, including a $75 million PIPE investment, enhancing its manufacturing capabilities and market reach. Shareholders eligible to vote must be on record by August 2, 2021.
A new playground named DREAM Park was inaugurated on July 16 at Martin Luther King Park in San Antonio, providing a space for local youth to Be the Dream. The opening event featured representatives from the Eastside Boys & Girls Club, Unilever, and H-E-B. The playground transforms previously unused land to benefit the community, funded through partnerships and donations. Unilever's initiatives aim to empower women and families impacted by the pandemic, emphasizing community support through this project.