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Remgro acquires Unilever’s spreads business in Southern Africa

By:  
Contributing Editor Online
 
INVESTMENTS
Investment company Remgro will sell its 25.75% interest in Unilever South Africa to the Unilever group, in exchange for full ownership of the Unilever spreads business in Southern Africa and R4.9-billion in cash. The full value of the transaction is R11.9-billion, with the spreads business valued at R7-billion.
 
 
 
 
 

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