{"id":645286,"date":"2017-07-17T03:49:24","date_gmt":"2017-07-17T03:49:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser\/"},"modified":"2017-07-17T03:49:24","modified_gmt":"2017-07-17T03:49:24","slug":"unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser\/","title":{"rendered":"Unilever vies with Hormel to buy foods division of Reckitt Benckiser"},"content":{"rendered":"<p><strong>Unilever and Hormel Foods Corp will be vying to acquire the foods division of Reckitt Benckiser<\/strong>, <a href=\"http:\/\/www.reuters.com\/article\/us-reckitt-benc-grp-foods-m-a-idUSKBN1A00T8\">according to a Reuters brief<\/a>. Whomever outbids on this one is probably going to shell out in excess of USD 2.9 bn for the acquisition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unilever and Hormel Foods Corp will be vying to acquire the foods division of Reckitt Benckiser, according to a Reuters brief. Whomever outbids on this one is probably going to shell out in excess of USD 2.9 bn for the acquisition.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645286","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4b26b8a8-2e66-449d-a5f1-6a463b798d10","order":"0","is_powered_by":true,"section_story_id":"84ba537e-2cb1-4371-a1f7-5844d9f20398","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645261],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Unilever vies with Hormel to buy foods division of Reckitt Benckiser - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unilever vies with Hormel to buy foods division of Reckitt Benckiser\" \/>\n<meta property=\"og:description\" content=\"Unilever and Hormel Foods Corp will be vying to acquire the foods division of Reckitt Benckiser, according to a Reuters brief. Whomever outbids on this one is probably going to shell out in excess of USD 2.9 bn for the acquisition.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-17T03:49:24+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Unilever vies with Hormel to buy foods division of Reckitt Benckiser\",\"datePublished\":\"2017-07-17T03:49:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser\/\"},\"wordCount\":51,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/unilever-vies-with-hormel-to-buy-foods-division-of-reckitt-benckiser\/\",\"name\":\"Unilever vies with Hormel to buy foods division of Reckitt Benckiser - 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The company invested EGP 500 mn in a new detergent plant that opened last year and plans to expand its investments in Egypt, exporting at least half of its output\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560389,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/25\/unilever-invested-egp-1-bn-in-egypt-operations-in-2020-eyes-new-facilities\/","url_meta":{"origin":645286,"position":3},"title":"Unilever invested EGP 1 bn in Egypt operations in 2020, eyes new facilities","author":"enterpriseam admin","date":"25 February 2021","format":false,"excerpt":"Unilever spent EGP 1 bn on its Egypt operations last year as part of plans to ramp up its exports over the coming years, Unilever Egypt Chairman Ashraf Bakry told Al Mal. It\u2019s unclear how much of this figure is capital expenditure, but at least EGP 200 mn went towards\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/364.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":652140,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/companies-hike-product-prices-by-10-40-at-the-start-of-the-new-year\/","url_meta":{"origin":645286,"position":4},"title":"Companies hike product prices by 10-40% at the start of the new year","author":"enterpriseam admin","date":"2 January 2017","format":false,"excerpt":"New year, new pricing: A number of high-profile food and FMCG companies have raised prices by 10-40% for the new year, Al Borsa reports, pointing to dairy and dairy product producers Al Marai, Greenland, and President, as well as snack makers Edita and Chipsy. 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