Unilever's (UL) Skippy brand said to lure interest from Conagra (CAG), B&G (BGS)

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Hormel Foods (HRL) Buys Skippy Peanut Butter from Unilever for $700M

January 3, 2013 7:31 AM EST

Hormel Foods Corp. (NYSE: HRL) entered into a definitive agreement to acquire the Skippy peanut butter business from Unilever United States Inc. (NYSE: UL), of Englewood Cliffs, N.J.

The transaction is subject to customary closing conditions, including... More

Unilever (UL) Looks to Unload More Food Assets with Potential Sale of Skippy Brand (CAG) (BGS)

November 9, 2012 11:04 AM EST

Unilever (NYSE: UL) shares ticked slightly higher Friday morning amid news that its peanut butter brand might have attracted the attention of at least two major players in the food industry.

According to Bloomberg, both ConAgra (NYSE:... More