AFP
1 minute read
6 Apr 2017
9:17 am

Unilever puts margarine division up for sale

AFP

It is alleged the division has been underperforming.

Unilever to demerge spreads division.

After spurning a takeover bid by rival Kraft Heinz, Dutch-British consumer products giant Unilever said Thursday it is putting its underperforming margarine division, which includes the Flora brand, up for sale.

“We have now taken the decision to launch a process to either sell or demerge Spreads,” it said.

© Agence France-Presse

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