LONDON Unilever has agreed a $900 million deal with South African investor Remgro , buying Remgro's 26 percent stake in its South African subsidiary in exchange for its southern African spreads business and a cash payment.
LONDON, Sept 22 Unilever and
South African investment holding company Remgro on
Friday announced a 11.9 billion rand ($901 million) deal that
sees Unilever trade its spreads business in southern Africa for
Remgro's stake in its South African subsidiary.