Site Search
Google Search
Breaking News: Trump Cuba Crackdown Hits Tourism      - | -     Syrian Strike Near Damascus      - | -     Jerusalem, West Bank Racked By Violence     - | -     Jerusalem Mosque Metal Detectors To Stay     - | -     8 Found Dead In San Antonio Tractor Trailer, 20 More Struggling
Unilever Prepares $7 billion Sale of Food Brands
Get Business & Technology Alerts

20 Mar 2017 02:10 AM EST

Unilever is preparing a $7.44 billion sale of some of its food brands, British newspapers reported on Saturday. The Anglo-Dutch company is planning to sell Flora margarine and Stork butter brands, the Sunday Times said. The Sunday Telegraph, which also cited a $7 billion figure, said unnamed parties were preparing to buy the brands. 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.

Post Your Comment
Excellent Very Good Good Fair Poor



Recently Posted Comments
FREE
AllMediaNY AllMediaNY AllMedaiNY