Previous Close | 0.5000 |
Open | 0.5000 |
Bid | 0.4500 |
Ask | 0.6500 |
Strike | 50.00 |
Expire Date | 2024-11-15 |
Day's Range | 0.5000 - 0.5000 |
Contract Range | N/A |
Volume | |
Open Interest | 113 |
Yellow Wood Partners LLC ("Yellow Wood"), a Boston-based private equity firm focused on investing in consumer brands and companies, today announced that it has completed the acquisition of Elida Beauty brands from Unilever (NYSE: UL). The Elida Beauty portfolio of storied consumer brands includes Q-tips®, Caress, Ponds and St. Ives (for North America and Europe only), Impulse, Noxzema, Monsavon, and Timotei, among others. The new company has global reach with offices in Dallas, London, and Paris
Insight into Causeway International Value (Trades, Portfolio)'s Latest Investment Moves
JPMorgan has turned positive on Unilever (LON:ULVR), after several years of caution, but has taken a more cautious view on Nestle (SIX:NESN) as its earnings growth moderates. Unilever has instituted several changes over the past 12 months, analysts at JPMorgan said in a note dated May 23, which have soothed the bank’s concerns, including cultural change and corporate governance; market share underperformance through increased investments and execution focus; and portfolio transformation with disposals. This feeds a stronger FY24, and should give credence to Unilever is on the path to turnaround and contribute to the stock re-rating along with positive earnings revision.