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Companies Use Pandemic to Look Into Shedding Laggard Brands

  • Investors giving firms more leeway this year, says Rothschild
  • Unilever, Nestle are among companies considering disposals
Operations At The Ice River Springs Bottling Facility
Photographer: James MacDonald/Bloomberg
Updated on

From black tea to bottled water, European companies are taking a hard look at underperforming businesses at a time when investors’ profit expectations are already low because of the coronavirus pandemic.

With economies reeling and Covid-19 still spreading across swathes of the globe, top executives are hiring investment bankers or launching internal reviews to sort through portfolios and sell unwanted businesses.