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Stock Market & Financial Investment News

News Breaks
January 22, 2014
11:46 EDTUNUnilever in early stages of exploring sale of SlimFast, Sky News reports
Unilever is discussing a potential disposal of SlimFast for GBP 1B, reports Sky News. According to people close to the situation, the company is at the early stages of examining the sale and it is possible it may retain the business following a review of its options. It is unclear who is likely to be interested in acquiring SlimFast if its current owner does opt to pursue a sale. Reference Link
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April 8, 2015
11:23 EDTUNProcter & Gamble starts sale process for beauty brands, Bloomberg says
Procter & Gamble (PG) has begun the sale process for its Wella haircare unit, some cosmetics brands and its fragrance business by sending out documents to potential bidders, according to Bloomberg, citing people familiar with the matter. Potential buyers contacted include Revlon (REV), Unilever (UN, UL), Coty (COTY), Kao Corp. and Henkel, the report noted, adding that the businesses could fetch as much as $19B altogether. Reference Link
April 7, 2015
07:23 EDTUNExecutives' Club of Chicago to hold a luncheon discussion
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