logo


P&G in talks with Sara Lee
Thursday, October 22, 2009 1:01 PM


Sara Lee agreed to sell its personal products line to Unilever (NYSE:UL) in September for $1.87 billion, TheStreet.com (NASDAQ:TSCM) reported Thursday. At the time, the company said that its household products line had also received "significant interest" from suitors.

Sara Lee and P&G (NYSE:PG) declined to comment on the possible sale, which is said to involve pursuit of Sara Lee's air care product line, which includes Ambi Pur air fresheners.

Sources said Sara Lee would prefer to sell its entire household products division in one shot, TheStreet.com said.

(Source: UPI )


(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia