July 30/New York/Reuters -- Unilever agreed to sell its North American frozen meal business to ConAgra Foods Inc. for $265 million, as the giant consumer-goods company exits the frozen foods business.
The deal includes a license for use of the Bertolli brand name and the transfer of Unilever's license with P.F. Chang's China Bistro for use of the P.F. Chang's Home Menu brand name.