Unilever vies with Hormel to buy Reckitt food unit: Sunday Times


LONDON (Reuters) – Anglo-Dutch firm Unilever (ULVR.L)(UNc.AS) is opposed with U.S. canned beef writer Hormel Foods Corp (HRL.N) to buy a dishes multiplication of British consumer products builder Reckitt Benckiser, a Sunday Times journal reported, citing sources.

Unilever and Hormel are front-runners in a understanding that is expected to tip 2.2 billion pounds ($2.9 billion), a unclear sources told a Sunday Times.

Earlier this month Reckitt (RB.L), that owns a French’s mustard brand, embellished a sales forecasts, apropos one of a initial companies to put a cost on a tellurian cyber conflict in Jun that disrupted a production and distribution.

($1 = 0.7632 pounds)

Reporting by Andy Bruce


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