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| Name | Symbol | Market | Type |
|---|---|---|---|
| Unilever PLC | NYSE:UL | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.43 | 0.83% | 52.30 | 52.21 | 51.92 | 52.03 | 2,850,950 | 01:00:00 |
From May 2019 to May 2024
By Ian Walker
LONDON--Anglo-Dutch consumer products giant Unilever PLC (ULVR.LN) said Friday it is selling its meat snacks business, which includes the Peperami spicy sticks, to Jack Link's for an undisclosed sum.
The sale includes the Bifi brand, sold in Germany, Benelux, Austria and Switzerland, and Peperami, which retails in the U.K. and Ireland, Unilever said. The deal also includes the manufacturing unit in Ansbach, Germany, Unilever added.
"As we continue to sharpen our portfolio to deliver sustainable growth for Unilever, we believe that the potential of these two brands can now be more fully realized with Jack Link's," Jan Zijderveld, Unilever Europe President, said.
Shares in London at 0945 GMT were down 1 pence, or 0.04%, at 2437 pence in a higher FTSE 100 Index--up 0.43%.
-Write to Ian Walker at
ian.walker@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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