JAPAN: Unilever buys Ajinomoto's stake in Asian JV for $381m
Anglo-Dutch food and consumer products giant Unilever said today [Tuesday] that it has agreed to pay US$381m for the 50% it does not already own in an Asian food venture from Japanese food and seasoning producer Ajinomoto. Unilever said it would pay for the balance of the CPC/Aji Asia joint venture over two years but would take full management control and 100% of sales and operating profit from 25 March 2003.
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