Soap Sell-Off Hopes Get Unilever Fans in a Lather ; Market Round-Up

Evening Standard - London › May 25, 2007

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Summary

UNILEVERS North American and European detergent operation, which includes Surf and Radiant, could soon be up for sale with a price tag of e3 billion (Pounds 2 billion).

The move would please investors, who see a natural split between the consumer groups food and household cleaning brands, and attract the eye of private-equity groups hunting fresh acquisitions.

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Extract

Soap Sell-Off Hopes Get Unilever Fans in a Lather ; Market Round-Up

Analysts at Swiss-based bank UBS see a sale of the soap division as increasingly likely after sensing that Unilever boss Patrick Cescau is picki...

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