Unilever PLC (UL) CEO Puts €1.7 Billion for Mergers and Acquisitions

Group 1 - Unilever PLC (NYSE:UL) is recognized as one of the best ADR stocks, being one of the largest consumer goods companies globally [1] - The company has recently completed the divestment of its ice cream brand Magnum and allocated €1.5 billion for mergers and acquisitions, focusing on the US market [1] - In the fiscal third quarter, Unilever reported an underlying sales growth of 3.9% and a volume growth of 1.5%, with expectations of 3% to 5% underlying sales growth for the full year 2025 [2] Group 2 - The company experienced strong performance in emerging markets, particularly in Indonesia and China, although the ice cream business showed concerning results [2] - Jefferies raised its share price target for Unilever from 3,800 GBp to 4,000 GBp while maintaining an Underperform rating due to skepticism about achieving a 2.5% volume growth [2]