Unilever sells Wish-Bone brand for $580M

PARSIPPANY, N.J. Pinnacle Foods is buying Wish-Bone salad dressings from Unilever for $580 million. Combined annual sales, which include the liquid and dry-mix salad dressings under the Wish-Bone and Western brands, total about $190 million. Unilever PLC will continue to produce the brands for an undetermined period of time under a third-party manufacturing agreement. Pinnacle said Monday it …

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