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Unilever sells Slim-Fast brand to U.S. player
date:Jul 14, 2014
ing snack bars and protein meal shakes.

Unilever did not disclose terms of the deal, which closed on Thursday.

The company said in April that it would undertake a strategic review of its North Americanpasta saucebusiness, which includes the market-leading Ragu brand, and the troubled Slim-Fast brand whose sales have tumbled in its biggest market.

Unilever shares were down 1.5 percent at 2598 pence at 1657 GMT on the London Stock Exchange.

12/22 01:42