...- Unilever PLC, one of the world's largest consumer goods companies, has confirmed that it will pursue no major acquisitions in the foreseeable future. It intends to adopt a measured approach to evolving its product portfolio through bolt-on acquisitions. - The group has also reported strong operating results with its fastest underlying sales growth in nine years on strong pricing to offset some of the input cost inflation. - As a result, we affirmed our 'A+' long-term issuer credit rating, 'A+' senior unsecured debt ratings, and 'A-1' short-term rating on Unilever. We removed the ratings from CreditWatch, where we had placed them with negative implications on Jan. 18, 2022, after Unilever confirmed that it approached GlaxoSmithKline (GSK) and Pfizer about the potential acquisition of GSK's consumer health care business. - The stable outlook reflects our view that the group will continue to achieve organic sales growth of up to the mid-single digits, mainly from price increases, partly...
