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BUSINESS
February 19, 2001 | GEORGE STEIN, BLOOMBERG NEWS
Canadian food company George Weston Ltd. is close to an agreement to buy Unilever's U.S. baking business for nearly $1.8 billion in cash, topping bids from Sara Lee Corp. and Mexico's Grupo Bimbo, people familiar with the situation said Sunday. George Weston processes foods and controls Loblaw Cos., Canada's biggest grocer. The purchase would give the company U.S. brands such as Thomas' English muffins and Entenmann's cakes. The Unilever division has 19 plants in the U.S.
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BUSINESS
February 19, 2001 | GEORGE STEIN, BLOOMBERG NEWS
Canadian food company George Weston Ltd. is close to an agreement to buy Unilever's U.S. baking business for nearly $1.8 billion in cash, topping bids from Sara Lee Corp. and Mexico's Grupo Bimbo, people familiar with the situation said Sunday. George Weston processes foods and controls Loblaw Cos., Canada's biggest grocer. The purchase would give the company U.S. brands such as Thomas' English muffins and Entenmann's cakes. The Unilever division has 19 plants in the U.S.
BUSINESS
April 27, 2000
* International Flavors & Fragrances Inc., the largest maker of flavors and fragrances for foods and cosmetics, named Unilever executive Richard Goldstein as its chairman and chief executive, effective June 1. Goldstein, 58, president and chief executive of Unilever United States Inc., replaces Richard Furlaud, who will remain a director with the company.
BUSINESS
August 25, 1989 | From Times Wire Services
Unilever United States Inc. said today a Unilever subsidiary has agreed to buy Sheffield Products Co. from Kraft Inc. for an undisclosed price. Sheffield, which produces refined specialty proteins and pharmaceutical grade lactose and is a processor of vanilla beans, is based in Norwich, N.Y. It is to become part of Unilever's Naarden, Holland-based Quest International division, which has flavor and food-ingredient operations in Owings Mills, Md.
ENTERTAINMENT
October 11, 1991 | ALEENE MacMINN, Arts and entertainment reports from The Times, national and international news services and the nation's press
Heating Up: The National Federation of the Blind on Thursday stepped up its campaign against ABC's "Good and Evil" by announcing a boycott of selected Unilever United States Inc. products. "Unilever is the only corporation to purchase advertising time on all three episodes of 'Good and Evil,' " said Marc Maurer, president of the 50,000-member blind consumer group. The boycott is against Lipton tea and soup products, Mrs. Butterworth syrup and Wisk detergent.
BUSINESS
April 29, 1989
Unilever Drops Faberge Deal: Unilever, the European consumer products conglomerate, said it has dropped plans to purchase the Faberge and Elizabeth Arden lines of toiletries, cosmetics and fragrances for $1.55 billion from Riklis Family Corp. Negotiations broke down because the Riklis group sought "significant changes in the structure and terms of the transaction, which would have involved Unilever in substantial additional costs," according to Unilever United States Inc., the U.S. arm of the British-Dutch household and consumer products giant.
BUSINESS
July 13, 1989 | From Associated Press
Unilever, the British-Dutch consumer products giant, has agreed to buy the Faberge and Elizabeth Arden lines of toiletries, cosmetics and fragrances for $1.55 billion, Unilever and Faberge announced today. The new deal between Faberge's owner, Riklis Family Corp., and Unilever United States Inc., the holding company for the group's American operations, is expected to be completed within 30 days.
BUSINESS
February 10, 1989 | From Reuters
The Anglo-Dutch Unilever group said today that it will pay $1.55 billion for the cosmetics and toiletries businesses of U.S.-based Faberge and Elizabeth Arden in a deal that will make it a leader in personal products sales. Unilever PLC-NV is the world's second-largest consumer goods company, with interests from foods to detergents. The cash deal will be one of the biggest in a series of recent trans-Atlantic takeovers by European firms.
BUSINESS
December 2, 1986 | Associated Press
Unilever on Monday rescued Chesebrough-Pond's from a hostile takeover attempt by American Brands and agreed to buy the consumer products company for $3.1 billion. The definitive merger agreement calls for Unilever United States Inc. to pay $72.50 per share in cash for Chesebrough, well above the $66-per-share hostile tender offer launched Monday by American Brands, which amounted to about $2.8 billion.
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