Unilever seeks higher valuation multiple through beauty and personal care focus

Unilever is betting that shedding food assets and focusing on beauty, personal care and home products will ​close a valuation gap with more focused rivals. The challenge is convincing investors that a simpler company can deliver higher returns. The maker of ‌Dove soap, Axe deodorant and Cif cleaning products trades at 11.5 times enterprise value […]