Hillshire Brands Co 8-K 2010
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 5, 2010
Sara Lee Corporation
(Exact name of registrant as specified in charter)
3500 Lacey Road, Downers Grove, Illinois 60515
(Address of principal executive offices)
Registrants telephone number, including area code: (630) 598-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Sara Lee Corporation announced that on December 6, 2010 it completed the disposition of its global body care and European detergents businesses to Unilever N.V. for Euro 1.21 billion. This business encompasses a wide variety of brands, including Sanex, Radox and Duschdas. The transaction originally was announced on September 25, 2009 with a sales price of Euro 1.275 billion. In connection with obtaining regulatory approval for the transaction, Unilever agreed to divest the Sanex brand in the European market after it acquires the business from Sara Lee and the parties agreed to adjust the purchase price from Euro 1.275 billion to Euro 1.21 billion.
Pursuant to the requirement of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: December 9, 2010