LONDONUnilever PLC said it would divest its 145-year-old margarine and spreads business, part of a broad restructuring in the wake of a spurned takeover approach by Kraft Heinz Co.
The Anglo-Dutch consumer-goods giant said it would also combine its two remaining food businesses, raise its dividend and buy back shares, all in an effort to boost shareholder returns. The revamp, the result of a strategic review, comes as Chief…
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