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Unilever's Expensive PowerPoint Moment

Andrea Felsted
Unilever's Expensive PowerPoint Moment

Just ask Unilever shareholders. The message and the way it was disclosed — coughed out in a presentation at a conference organized by Deutsche Bank AG — are both concerning, especially for a company that was the subject of a $143 billion bid from The Kraft Heinz Co. last year. Unilever blamed the slower-than-expected growth on strikes in Brazil, which would cut revenue by 150 million euros ($177 million) in the second quarter.