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Unilever prepares sale of food brands worth £6-bn

Reports said anglo-Dutch company is planning to sell Flora margarine and Stork butter brands

Andy Bruce 

Unilever prepares sale of food brands worth £6-bn

is preparing a £6 billion ($7.44 billion) sale of some of its food brands, British newspapers reported on Saturday.

The Anglo-Dutch company is planning to sell and Stork butter brands, the Sunday Times said.

The Sunday Telegraph, which also cited a 6 billion pounds figure, cited sources as saying private equity firms Bain Capital, and have started working on offers for the "spreads" business, citing sources.

did not immediately respond to a Reuters request for comment.

The maker of soups, soap and Ben & Jerry's ice cream rebuffed a surprise $143-billion takeover offer from Kraft Heinz last month.

The company has launched a business review to consider returning cash to shareholders, making medium-sized acquisitions and more aggressive cost cuts, the Financial Times reported on Wednesday.

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Unilever prepares sale of food brands worth £6-bn

Reports said anglo-Dutch company is planning to sell Flora margarine and Stork butter brands

Reports said anglo-Dutch company is planning to sell Flora margarine and Stork butter brands
is preparing a £6 billion ($7.44 billion) sale of some of its food brands, British newspapers reported on Saturday.

The Anglo-Dutch company is planning to sell and Stork butter brands, the Sunday Times said.

The Sunday Telegraph, which also cited a 6 billion pounds figure, cited sources as saying private equity firms Bain Capital, and have started working on offers for the "spreads" business, citing sources.

did not immediately respond to a Reuters request for comment.

The maker of soups, soap and Ben & Jerry's ice cream rebuffed a surprise $143-billion takeover offer from Kraft Heinz last month.

The company has launched a business review to consider returning cash to shareholders, making medium-sized acquisitions and more aggressive cost cuts, the Financial Times reported on Wednesday.
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Business Standard
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Unilever prepares sale of food brands worth £6-bn

Reports said anglo-Dutch company is planning to sell Flora margarine and Stork butter brands

is preparing a £6 billion ($7.44 billion) sale of some of its food brands, British newspapers reported on Saturday.

The Anglo-Dutch company is planning to sell and Stork butter brands, the Sunday Times said.

The Sunday Telegraph, which also cited a 6 billion pounds figure, cited sources as saying private equity firms Bain Capital, and have started working on offers for the "spreads" business, citing sources.

did not immediately respond to a Reuters request for comment.

The maker of soups, soap and Ben & Jerry's ice cream rebuffed a surprise $143-billion takeover offer from Kraft Heinz last month.

The company has launched a business review to consider returning cash to shareholders, making medium-sized acquisitions and more aggressive cost cuts, the Financial Times reported on Wednesday.

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Business Standard
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