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Unilever in talks for potential disposal of Kate Somerville model

by Index Investing News
August 26, 2024
in Markets
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Poulssen/iStock Editorial through Getty Photographs

  • Unilever (NYSE:UL) is reportedly contemplating the sale of its well-known skincare model, Kate Somerville, which it acquired in 2015.
  • The valuation Unilever would look for Kate Somerville stays unclear at this stage. Nonetheless, the model holds important recognition, significantly in Hollywood, and is a a part of Unilever’s prestigious private care portfolio, Sky reported, citing Metropolis sources.
  • The corporate had engaged PricewaterhouseCoopers to subject curiosity from potential consumers, Metropolis sources mentioned.
  • Along with Kate Somerville, insiders counsel that Unilever can also be planning to promote REN, one other skincare model it acquired in 2015, in keeping with the report.



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Tags: BrandDisposalKatepotentialSomervilleTalksUnilever
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