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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