-- Unilever is considering the sale of its majority stake in the Chinese maker of water purification equipment Qinyuan Group Co., Bloomberg reported citing unnamed sources.

-- The deal could value Qinyuan at about $300 million, and the Anglo-Dutch retailer is in talks with an adviser regarding potential buyers, Bloomberg reported.

-- Unilever wasn't immediately available for comments.


Full story: https://tinyurl.com/4m5kbjzz


Write to Michael Susin at michael.susin@wsj.com


(END) Dow Jones Newswires

03-20-24 0942ET