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UN Unilever NV

60.50
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Unilever NV NYSE:UN NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 60.50 0 01:00:00

Unilever to Sell Spreads Business to KKR for $8.1 Billion

15/12/2017 5:50pm

Dow Jones News


Unilever NV (NYSE:UN)
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By Dimitrios Kontos 

Unilever PLC said Friday that it would sell its global spreads business to KKR & Co. L.P. for $8.1 billion.

The spreads business of the Anglodutch company -- including such brands as Flora, Country Crock, Blue Band, I Can't Believe It's Not Butter, Rama and ProActiv.

Nicolas Liabeuf, the chief executive of the spreads division, will continue to lead the business, the company said.

(More to come)

 

(END) Dow Jones Newswires

December 15, 2017 12:35 ET (17:35 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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