Unilever sells shareholding in Malaysian palm oil estates ...
Unilever announced today that it has reached agreement to sell its shareholdings in Unipamol Malaysia Sdn. Bhd and Pamol Plantations Sdn Bhd (the Pamol Group) to Palmco of Malaysia, a subsidiary of IOI Corporation for € 152m. The deal is subject to approval by Palmco shareholders and is expected to complete early in 2003.