POTENTIAL buyers are fattening up their offers for Unilever's spread decision by buttering up former executives of the consumer goods company to join their bids.
Former head of the unit Sean Gogarty has been enticed to join the Blackstone and CVC Capital Partners attempt to buy the business, Sky News reported yesterday.
Meanwhile James Hill, an extroubleshooter for Unilever, has been added to the team putting together an offer from Bain Capital and Clayton Dubilier & Rice.
The spreads division includes I Can't Believe It's Not Butter and Flora.
(c) 2017 City A.M., source Newspaper