Deals
Sara Lee Sell-Offs Attract ‘Extra Care’ From Regulators, EU Says
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Sara Lee Corp.’s sale of its insecticide unit to S.C. Johnson & Son Inc. is among the company’s divestments that’s required “extra care” from regulators, the European Union’s antitrust chief said.
The bug-killer deal is the latest Sara Lee sell-off to be examined in-depth by the European Commission after the regulator imposed conditions on Unilever’s plan to buy its shower-gel and European detergents.