Unilever to conduct review of strategic options

LONDON — Following word Kraft Heinz would no longer pursue an acquisition of the company, Unilever announced Wednesday it will conduct a comprehensive review of options available to “accelerate delivery of value for the benefit of our shareholders.”

“The events of the last week have highlighted the need to capture more quickly the value we see in Unilever,” Unilever said in a statement. “We expect the review to be completed by early April, after which we will communicate further.”

Unilever is known for many well-known brands, including Axe, Dove, Hellman’s, Klondike and Lipton.