Unilever Plc (UL,ULVR.L) announced that it has made a binding offer to acquire the Personal Care business of the Sara Lee Corp. (SLE) for €1.275 billion in cash. The transaction is subject to regulatory approval and consultation with European employee works councils. The Sara Lee brands generated annual sales in excess of €750 million with an EBITDA of €128 million for the year ending June 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.