https://www.theguardian.com/business/2022/jan/17/unilever-health-and-beauty-business-gsk-ftse-100-bid
Questions
1. What is GSK planning to do?
2. How much did the Unilever shares drop on Monday?
3. How would Unilever fund the health, beauty and hygiene push?
4. What did Maryam ali, an analyst say in a note to clients.
Vocabulary
prominent = merkittävä
sustainability = kestävyys
structure = rakenne
citizen = kansalainen
pledge = lupaus
executive = toimitusjohtaja
quarter = neljännesosa
demerge = erottaa toisistaan
Answers
1.
GSK plans to demerge the consumer healthcare business by the middle of the year.
2. The sahres dropped by 7 per cent.
3. Unilever found fund them by selling slower-growing businesses rather than relying on taking on more debt.
4. She said that while she could see Unilever’s rationale for the GSK consumer products bid, a debt-funded deal would probably be accompanied by rating agency downgrades, although that could be mitigated by selling other parts of the business.