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Exclusive: Investor Artisan Partners backs Unilever's plan to sell food unit

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Unilever decided to merge its food business with McCormick, a strategic move Artisan Partners welcomed. Artisan said the deal should allow Unilever to more effectively manage and focus on its core personal care and home brands, reflecting an activist-backed push to simplify operations and potentially unlock value.

Analysis

Unilever decided to merge its food business with McCormick, a strategic move Artisan Partners welcomed. Artisan said the deal should allow Unilever to more effectively manage and focus on its core personal care and home brands, reflecting an activist-backed push to simplify operations and potentially unlock value.

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