squirrel235

"We're excited to get closer to bringing this process to a links of london sale as we continue to focus on our core protein and coffee businesses, while continuing to evaluate the best opportunities for value creation and investment of cash." Sara Lee has completed the sale of its body care business (to Unilever for EUR 1.21 billion), its air care business (to P&G for EUR 320 million), and its stake in its Godrej Sara Lee joint venture (to Godrej Consumer Products Ltd. for EUR 185 million). In addition, the company has agreed to sell its White King and Janola brands to Symex Holdings Limited for EUR 37.9 million and its non-Indian insecticides business to SC Johnson for EUR 153.5 million, with the transfer of the insecticides valentines Day bracelets  pending approval by the European Commission. Total Household & Body Care transactions are expected to generate pretax sales proceeds of approximately EUR 2.15 billion, and represent approximately 100 percent of the fiscal 2009 adjusted operating segment income1 of the International Household and Body Care business. In February, Sara Lee hedged EUR 1.6 billion at $1.35. Sara Lee's International Household and Body Care business generated approximately EUR 1.5 billion ($2.0 billion) in sales in fiscal 2009. About Sara Lee Corporation Each and every day, Sara Lee (NYSE: SLE) delights millions of consumers and customers around the world. The company has one of the world's best-loved and leading portfolios with its innovative and trusted food and beverage brands, including Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Sara Lee and Senseo. Collectively, our brands generate nearly $11 billion in annual net sales. Sara Lee Links of London G Charm approximately 33,000 employees in its continuing operations worldwide. Please visit www.saralee.com for the latest news and in-depth information about Sara Lee and its brands. About SC Johnson SC Johnson is a family-owned and managed business dedicated to innovative, high-quality products, excellence in the workplace and a long-term commitment to the environment and the communities in which it operates. Based in the USA, the company is one of the world's leading manufacturers of household cleaning products and products for home storage, air care, and insect control. It markets such well-known brands as Links of London F Charm(R), OFF!(R), PLEDGE(R), RAID(R), SCRUBBING BUBBLES(R), SHOUT(R), WINDEX(R) and ZIPLOC(R) in the U.S. and beyond, with brands marketed outside the U.S. including AUTAN(R), BAYGON(R), BRISE(R), ECHO(R), KABIKILLER(R), KLEAR(R), and MR. MUSCLE(R).