Unilever PLC Stock Falls Again as Food Spin-Off Talk, Kraft Heinz Talks Rattle Investors
Unilever shares fell further Thursday after reports the company is considering spinning off its food business and ended talks with Kraft Heinz over a possible tie-up. The food unit generated €12.9 billion in 2025 sales, over a quarter of group revenue. Investors worry another carve-out could distract CEO Fernando Fernandez, who is still managing the recent ice-cream demerger. Unilever declined to comment.