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Stock Market & Financial Investment News

News Breaks
May 22, 2014
05:38 EDTULUnilever agrees to sell Ragu, Bertolli brands to Mizkan Group for $2.15B
Unilever announced that it has signed an agreement for the sale of its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for a total cash consideration of approximately $2.15B. The annual turnover for Ragu and Bertolli is more than $600M. The transaction includes two production facilities a sauce processing and packaging facility in Owensboro, Kentucky, and a tomato processing facility in Stockton, California. The transaction is expected to close by the end of June.
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September 20, 2014
22:05 EDTULClorox turned down offer to sell or merge with rival, NY Post says
In the last three to six months consumer packaged-goods company Clorox (CLX) turned down an offer from a rival interested in a sale or merger, says the NY Post, citing sources. The NY Post added that logical suitors for Clorox include Church & Dwight (CHD), Procter & Gamble (PG), Jarden (JAH) and Unilever (UN,UL). Reference Link
September 16, 2014
07:49 EDTULBofA/Merrill to hold a conference
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September 9, 2014
10:10 EDTULOn the Fly: Analyst Upgrade Summary
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07:44 EDTULUnilever upgraded to Buy from Neutral at BTIG
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