Unilever’s $45bn deal, Berkeley & tech: Companies and Markets Show

We begin the show with consumer goods giant Unilever (ULVR) (investorschronicle.co.uk/content/5e5cd1f6-55b4…) – soon to be somewhat smaller, given the $45bn spin-off of its foods business to US spice and sauce maker McCormick (MKC). The reaction to the news, though, has been distinctly underwhelming. Erin Withey (investorschronicle.co.uk/erin-withey/?utm_medi…) examines what it means for Unilever’s future.

Then we turn to Berkeley (BKG) (investorschronicle.co.uk/content/29ec953e-3bfc…), the housebuilder, which, this week, published an unscheduled negative update, less than three weeks after it told investors everything was fine. Hugh Moorhead (investorschronicle.co.uk/hugh-moorhead/?utm_me…) explores what the company’s retrenchment says about the UK’s wider housebuilding goals.

Lastly, we discuss what is perhaps the UK’s very own meme stock (investorschronicle.co.uk/content/f214155a-29bd…) – microcomputer maker Raspberry Pi (RPI). Its shares rose almost 50 per cent in one day following its full-year results. Arthur Sants (investorschronicle.co.uk/arthur-sants/?utm_med…) explains how the company ended up part of the AI boom and whether there’s a decent business underneath it all.

Read more here:
Why the market is turning against Unilever’s $45bn food deal (investorschronicle.co.uk/content/5e5cd1f6-55b4…)
Raspberry Pi ups sales volumes but margins tighten (investorschronicle.co.uk/content/6e5690d9-2fc6…)

Episode timestamps:
00:00 Intro
01:21 Unilever
09:54 Berkeley Group
18:30 Raspberry Pi

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