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    Unilever Completes Sale of Bestfoods Baking Company

    Unilever announced today that the sale of the Bestfoods Baking Company to George Weston Limited for $1.765 billion in cash has been completed.

    Unilever announced today that the sale of the Bestfoods Baking Company to George Weston Limited for $1.765 billion in cash has been completed.

    In February 2001 Unilever signed a definitive agreement to sell the Bestfoods Baking Company to George Weston Limited. Unilever is divesting the business, which it acquired as part of its merger with Bestfoods, as it falls outside its Path to Growth strategy that focuses on a number of leading brands in defined core categories of Foods and Home and Personal Care.

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