Unilever CFO stands by India as long-term bet
date:Sep 11, 2013
maker of Hellmann's mayonnaise, Lipton tea and Dove soap, generates about 57 percent of its 51 billion euros of annual sales from developing and emerging markets, a fact that has weighed on its shares as growth has slowed in India and other markets such as Indonesia.

But Huet said there was absolutely no change whatsoever in his view on Unilever's move in July to raise its stake in Hindustan Unilever to 67.3 percent from 52.5 percent.

Even with a record weakening in the Indian rupee last month
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07/12 18:32