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Unilever to sell margarine and spreads unit to KKR for 6.8 billion euros

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Unilever to sell margarine and spreads unit to KKR for 6.8 billion euros

Unilever to sell margarine and spreads unit to KKR for 6.8 billion euros
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LONDON (Reuters) – Unilever has agreed to sell its margarine and spreads business to KKR for 6.8 billion euros (£6.1 billion), it said on Friday, confirming an earlier report by Reuters saying the U.S. private equity fund had made it into exclusive talks to buy the shrinking business.

(Reporting by Martinne Geller; Editing by Susan Fenton)

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