Unilever Unveils Restructuring, Pledges to Raise Returns in Wake of Kraft Bid – Wall Street Journal (subscription)
LONDONUnilever PLC said it would divest its 145-year-old margarine and spreads business, part of a broad restructuring in the wake of a spurned takeover approach by Kraft Heinz Co. The Anglo-Dutch consumer-goods giant said it would also combine its two remaining food businesses, raise its dividend and buy back shares, all in an effort to…