Unilever concludes selling of margarine unit to US giant KKR for €6.8 billion

• by AFP
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Anglo-Dutch food and consumer giant Unilever said Friday it had reached a 6.8-billion-euro ($8-billion) deal with US private equity giant KKR to sell its margarines business. Unilever “has received a binding offer from KKR to purchase its global spreads business for 6.825 billion euros on a cash-free, debt-free basis,” the company said in a statement. […]