Unilever selling business group

Margarine and spreads to go to equity firm

Dec 18, 2017

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Unilever is selling its margarine and spreads business to KKR, a US private equity firm, for $8.04 billion. The brands being sold include Becel, Flora, Country Crock and Blue Band. The deal is expected to close mid-2018, subject to regulatory approvals and employee consultations.

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