Hindustan Unilever Ltd (HUL) on Thursday said its foods business remains “an important and attractive segment” and clarified that it is “not in any discussions regarding divestment of the Foods portfolio" in a stock exchange filing responding to global reports of a potential restructuring at parent Unilever Plc.The clarification shared with BSE comes after a Bloomberg report said Unilever was exploring a separation of its foods portfolio—potentially through a spin-off or partial divestment—as it sharpens it ...

“Unilever has just completed a big piece of work with Magnum and think the focus this year needs to be delivering its algorithm and improving the performance of foods. However, assuming Unilever deliver in 2026 and hopefully with a more stable consumer backdrop, it would be better positioned to consider its options from a real position of strength.”“We have always felt that eventually it will become a pure-play HPC company. However, the mechanism of how it gets there remains a thorny and complex issue, so i ...