UK/NETHERLANDS: Unilever to offload big brands to gain EU clearance for Bestfoods acquisition
Anglo-Dutch conglomerate Unilever is believed to have offered big concessions to representatives of the European Commission that could amount to "significant business disposals." Its June bid of US$21.3bn for Bestfoods of the US has already been approved by antitrust authorities in the US, but the results of the first round of EU investigation are due to be released today, and the Anglo-Dutch food group is anxious to avoid a second phase of hearings.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- The key questions for digital strategists in 2017
- Unilever 2016 investor day - the top takeaways
- Wessanen's move for Spain's Biogran - analysis
- Whole Foods, Aldi, M&S - retail round-up, Nov 2016
- Burger King, Jollibee: foodservice focus, Nov 2016
- General Mills jobs to go in business revamp
- Verlinvest, China Resources invest in Oatly
- B&G acquires pasta sauce group Victoria Fine Foods
- Hain Celestial appoints Nestle executive as US COO
- Tyson sets up US$150m investment fund