Unilever to sell its spreads business to KKR

Unilever to sell its spreads business to KKR

Unilever is to sell its Spreads business, including Becel, Flora and I Can’t Believe It’s Not Butter, to global investment firm KKR for €6.825 billion on a cash-free, debt-free basis. The investment is being funded by both the European and North American private...