London: Anglo-Dutch consumer goods group Unilever said it was reviewing its options to drive shareholder value, just days after it swiftly rejected a surprise $143 billion takeover bid from Kraft Heinz. “We expect the review to be completed by early April, after which we will communicate further.”ALSO READ: Unilever’s boldest defence? But investors have called on the firm to review its costs and structures to see if it could do more to deliver the profit that Kraft had seen. Unilever’s operating profit margin falls well short of Kraft Heinz and other rivals. Unilever’s London-listed shares were up 2.8% at 1330 GMT, just 3% below where they were trading on Friday when news of the Kraft approach broke.

Source: Mint February 22, 2017 14:05 UTC