Unilever Mulls Sale of Water Purification Unit in China, Bloomberg Reports
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Dow Jones
-- Unilever is considering the sale of its majority stake in the Chinese maker of water purification equipment Qinyuan Group Co., Bloomberg reported citing unnamed sources.
-- The deal could value Qinyuan at about $300 million, and the Anglo-Dutch retailer is in talks with an adviser regarding potential buyers, Bloomberg reported.
-- Unilever wasn't immediately available for comments.
Full story: https://tinyurl.com/4m5kbjzz
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
March 20, 2024 09:42 ET (13:42 GMT)
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