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Unilever to sell Findus Italy unit

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Bloomberg

Unilever, the world’s second-biggest consumer goods maker, agreed to sell its Italian frozen-foods unit to a group led by Birds Eye Iglo for $1.04 billion as it focuses on building international brands.

Birds Eye Iglo owned by private-equity firm Permira Advisers has a “significant stake” in the buyer of Findus, Unilever said.

 

 

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First Published: Jul 20 2010 | 12:22 AM IST

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