October 30/The Hague/The Express Tribune -- Anglo-Dutch food and cosmetics giant Unilever confirmed the sale of its Culver Speciality Brands division to B&G Foods in a multi-million dollar deal.
“Unilever… has signed a definitive agreement with B&G Foods” to sell the division for U$325 million in cash, it said in a statement sent to AFP. “The transaction, which is subject to regulatory approval, is expected to close this year,” it added.