EC may force Unilever disposal
15 August 2000
EC may force Unilever disposal
By FWi staff
THE European Commission could force Unilever to dispose of its Batchelors dried food brand as a condition of its purchase of Bestfoods, reports The Independent.
This is said to be a condition of the $20.3bn (13.5bn) deal to prevent Unilever have disproportionate control of the European dried foods industry.
Unilever will add Bestfoods top-selling Knorr brand to its portfolio in the acquisition.
- Unilever clinches Bestfoods deal, FWi, 07 June 2000
- Bestfoods open to Unilever offer, FWi, 10 May 2000
- The Independent 15/08/2000 page 14
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