TITLE

Sara Lee Considers Divestiture

AUTHOR(S)
Davis, Avram
PUB. DATE
March 2009
SOURCE
Mergers & Acquisitions Report;3/23/2009, Vol. 22 Issue 12, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Illinois-based food company Sara Lee to divest its European household business segment. The conglomerate business plans to focus on its core business of food manufacturing and has even enlisted Goldman Sachs Group Inc. as its financial advisor if the plan materializes. The businesses to be included in the planned divestiture include its household and bodycare units. Potential bidders may include Unilever, Reckitt Benckiser Group, S.C. Johnson & Son Inc. and Colgate-Palmolive Co.
ACCESSION #
44128003

 

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