Unilever Shares Are Now at a Record High Because Some Big Shareholders Support a Breakup

Unilever shares tested all-time highs Monday after some of its biggest shareholders backed the sale of its food division as part of the company’s strategic review that followed its rejection of a $143 billion bid from Kraft Heinz Co. Unilever shares traded 1.1% in London to change hands at 3,815 pence each by 11:00 GMT, extending their three-month gain past 20%.