Deals
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
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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.