Unilever Putting Ragu On The Open Market
March 03, 2014 at 13:41 PM EST
Unilever (NYSE: UL ) is seeking bidders for its Ragu pasta sauce business, Bloomberg has reported. Unilever is currently the world's second largest consumer products maker, and has hired Morgan Stanley to sell the unit. Ragu is reportedly estimated to sell as much as $2 billion. Unilever additionally sells a