date:Jan 08, 2013
Offloading Skippy peanut butter - which still generates the majority of its $370m annual sales in the mature US market - will continue to skew Unilevers portfolio towards faster-growing emerging markets, says one industry analyst.
In a note on Unilevers deal to sell Skippy to Hormel Foods , Graham Jones, executive director of equity research for consumer staples at Panmure Gordon, said:
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