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LONDON, March 3 (Reuters) - Consumer goods company Unilever is seeking bidders for its Ragu pasta sauce business, Bloomberg said on Monday, citing unnamed sources.
Unilever, which recently sold its Wish-Bone salad dressings, Skippy peanut butter and Peperami meat snacks, has commissioned Morgan Stanley to sell Ragu, which could fetch as much as $2 billion, according to the Bloomberg report.
No one at Unilever or Morgan Stanley was immediately available to comment.
The company, which also makes Dove soap, Lipton tea and Ben & Jerry's ice cream, has said it is in the process of selling underperforming assets.