Hearing the call of its investors, Unilever PLC has “drawn a line under the GSK Consumer Health proposal” and does not intend to pursue other major acquisitions in the foreseeable future, CEO & Executive Director Alan Jope told analysts during a 10 February year-end earnings presentation.
Unilever Vows No GSK-Sized Ventures For Foreseeable Future, Commits To Existing Brands In 2022
Opening the company’s fiscal 2021 full-year earnings call, Unilever leadership assured investors it will not make any GSK-sized offers in the foreseeable future as it commits to organic growth and reshaping its portfolio more surgically through bolt-on deals and selective disposals.
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FDA says “extension affords covered entities the additional time necessary to ensure complete coordination across the supply chain in order to fully implement the final rule’s requirements—ultimately providing FDA and consumers with greater transparency and food safety.”