Unilever Said to Weigh Sale of China Water Purification Unit (1)

Unilever Plc is considering selling its majority stake in Qinyuan Group Co., a Chinese maker of water purification equipment that it acquired for an undisclosed sum in 2014, according to people familiar with the situation.

London-headquartered Unilever is working with an adviser to gauge interest from potential buyers, the people said, asking not to be identified discussing a private matter. A sale could value Qinyuan at about $300 million, they said.

A representative for Unilever declined to comment.

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Founded in 1998, Qinyuan makes water purification products under the Truliva ...