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.
Unilever selling business group
Margarine and spreads to go to equity firm
Dec 18, 2017