"Unilever, which owns some of the UK's most famous household brands, has announced plans to sell its margarine business, including Flora and Stork. The move comes as part of a wide-ranging review at the Anglo-Dutch firm, which recently saw off a takeover bid from US food giant Kraft Heinz. Analysts have said the sell-off could fetch $6bn (£4.8bn)."
And
"He said the margarine business was a "declining segment" that could be "better managed by others" Code for Marg is a dead duck, and we want to offload it swiftly.
£4.8 billion for "declining segment" good luck with that I reckon. People are wising up fast to the Frankenstein artery clogging goo that is margarine. I wonder how the British Heart Foundation will get on, if the big cash incentives to push Marg from Unilever comes to an end.
More on this story here http://www.bbc.co.uk/news/business-39512178
And
"He said the margarine business was a "declining segment" that could be "better managed by others" Code for Marg is a dead duck, and we want to offload it swiftly.
£4.8 billion for "declining segment" good luck with that I reckon. People are wising up fast to the Frankenstein artery clogging goo that is margarine. I wonder how the British Heart Foundation will get on, if the big cash incentives to push Marg from Unilever comes to an end.
More on this story here http://www.bbc.co.uk/news/business-39512178