date:Sep 11, 2013
When asked about speculation about a sale of Ragu pasta sauces, another North American brand, Huet said it was important as a generator of cash.
Management needs to learn to turn around the business rather than just sell your problems, Huet said. It's a little more complex than just buy, hold or sell.
From a financial perspective, he said Unilever needed to balance selling brands with buying them. Were we to make an acquisition, then perhaps you could accelerate one or two disposals, he said