Unilever sells food division, invests in beauty

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Unilever sells food division, invests in beauty
Photo: Oscar Olsson/TT

Payment will be made both in cash and in its own shares, CNBC reports.

Unilever will use the money to invest more in its hygiene and beauty products business, which is growing faster.

In December, Unilever sold its ice cream business.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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