BUSINESS
By NEW YORK TIMES NEWS SERVICE | April 12, 2000
Less than two weeks after saying that it was considering a plan to be taken private, Ben & Jerry's Homemade Inc. has reached an agreement to be sold to Unilever PLC. The agreement, which was described by people close to the takeover talks, was apparently reached late yesterday during a lengthy meeting of the Ben & Jerry's board in New York. An assistant to Ben & Jerry's chief financial officer, Frances Rathke, would not comment last night. Unilever's spokesman and the company's investment banker did not return telephone calls.
BUSINESS
By BLOOMBERG NEWS | April 28, 2001
ROTTERDAM, Netherlands - Unilever, the Anglo-Dutch maker of Lipton tea and Dove skin-care products, will slash 8,000 jobs and close more than 30 factories after acquiring rival Bestfoods for $24.3 billion last year. The cuts are on top of the 25,000 staff reductions over five years the Dutch-British company had announced previously, said Michael Haines, a spokesman. Unilever indicated yesterday that first-quarter net income before one-time items fell 53 percent after acquisitions raised borrowing costs.
BUSINESS
By BLOOMBERG NEWS | May 3, 2000
ENGLEWOOD CLIFFS. N.J. -Unilever NV, the world's second-largest food company, has offered to buy Bestfoods for $18.3 billion in cash, an unsolicited bid that the U.S. food company rejected as inadequate. Bestfoods, maker of Hellmann's dressings and Skippy peanut butter, said Unilever offered $66 a share yesterday and in April bid $61 to $64. Unilever, a British-Dutch company that makes Lipton teas and Q-Tip swabs, couldn't be reached for comment. Unilever has been buying well-known brands it can market world-wide, spending $2.6 billion last month for SlimFast diet foods and Ben & Jerry's ice creams.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | May 6, 2002
At a recent meeting of about 200 manufacturers at the World Trade Center in Baltimore, this question was posed: How many people have heard of Unilever? Not a single hand went up. The company might not be a household word, but its products are in households across the country, and the $49 billion conglomerate operates a 500-person plant in Baltimore. The 50-acre plant is the sole source of the following products sold in the United States: liquid Wisk, all and Surf laundry detergents, and liquid Final Touch and Snuggle fabric softeners.
BUSINESS
July 31, 2005
A weekly briefing on the economic calendar Monday Institute for Supply Management manufacturing index for July Earnings reports: Humana Inc.; Opnet Technologies Inc.; Tyson Foods Inc.; Unocal Corp. Tuesday June personal income and spending Earnings reports: Comcast Corp.; Coventry Health Care Inc.; Marsh & McLennan Cos.; Qwest Communications International Inc.; Tyco International Ltd. Wednesday Institute for Supply Management services index for July Earnings reports: Cigna Corp.
NEWS
By Judy Hevrdejs and Judy Hevrdejs,Chicago Tribune | August 3, 2003
Their names are evocative: Mountain Rush. Wild Rain. Tsunami. Clean Impact. Voodoo. Fresh Blast. Their labels, provocative: "Caution: Habitual use ... could lead to seriously close encounters," reads one. "Leaves you feeling fresh, clean and ready for action, even when you push your limits," suggests another. The product? Body deodorant sprays for men. The major players -- Unilever, Procter & Gamble, Gillette and Coty -- have all jumped in the game within the last year, filling U.S. store shelves with at least five varieties and more than three times that number of scents.