Long-term decline of once-popular spreads to be sold off as brand giant seeks to bump up profits and dividends to placate investors
The maker of Flora and Stork has put the margarine and spreads business up for sale as consumers turn to butter and healthier options.
Unilever, an Anglo-Dutch business which is one of the biggest consumer goods groups in the world, said it plans to sell its spreads business, which is valued at around £6bn, or spin it off into a separate company.
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/2o5KyWk
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