Unilever (UL) plans to sell its salad dressing business, according to reports. The buzz is that...

|About: Unilever Plc (UL)|By:, SA News Editor

Unilever (UL) plans to sell its salad dressing business, according to reports. The buzz is that the company is in the early stages of looking for a buyer with Goldman Sachs doing the legwork. The move was tipped off during Unilever's Q4 earnings call (transcript) when CEO Paul Polman indicated selling non-core food products was part of the company's strategic plan. Pinnacle Foods (PF) is getting bandied around as a potential acquirer of the business.