Unilever to close Lawry’s deal with McCormick
Unilever today announced that it expects to complete the previously announced sale of its Lawry’s and Adolph’s branded seasoning blends and marinades business to McCormick & Company, Inc., on or about the 31st July, 2008. This follows the granting to McCormick’s of approval by the Federal Trade Commission to proceed with the purchase. The transaction, which was announced on 14th November, 2007, is for a consideration of $604 million in cash.
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