AMSTERDAM, Aug 30 (Reuters) - Anglo-Dutch consumer products group UnileverNV/Plc said on Friday it would sell its edible oils unit Loders CroklaanGroup to Malaysia's IOI Corporation Berhad for 217 million euros cash.It said the sale was part of its sweeping reorganisation plan to cut itsbrand portfolio to 400 from 1,600 and to boost sales growth to 5.8 percentand margins to 16-17 percent by 2004.Negotiations were advanced enough to start procedures with the tradeunions, Unilever said in a statement.Loders Croklaan, which had sales of 267 million euros last year, has twomain plants in the Netherlands and the United States with smaller ones inEgypt and Canada.It has traditionally supplied the confectionary and baking industries, andalso produces nutritional oils and other ingredients.It will continue to supply Unilever -- whose product portfolio includesLipton teas, Dove soap and Skippy peanut butter -- with specialtyproducts."We are certain that Loders Croklaan's new parent company can furtherdevelop the business by adding strength in raw materials and regionalpresence in Asia," Unilever Foods Director Patrick Cescau said in thestatement.Malaysia is one of the world's largest producers of palm oil.IOI Corporation is one of the biggest listed companies in Malaysia, withinterests in plantations, refining, oleochemicals and propertydevelopment, the statement noted.Unilever shares in Amsterdam closed on Thursday at 58.70 euros and inLondon at 579 pence.

$SIG$Form:INetSendTo: .$StorageTo: .RecipientGroupsExpanded: palmnews_group$Mailer: Lotus Notes Release 5.0.1b (Intl) 30 September 1999$MessageID: INetFrom: rodzi@commserv.mpob.gov.myPostedDate: 03-09-2002 09:43:33 AMRecipients: ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,CN=Ab Halim Ismail/OU=BRANCH/O=MPOB@MPOB,CN=Ab. Malek Nanti/OU=BRANCH/O=MPOB@MPOB,CN=Ab. Rahman Haji Mohamed/OU=BRANCH/O=MPOB@MPOB,CN=Abd. Jalil Murad/OU=BRANCH/O=MPOB@MPOB,CN=Abdul Aziz Jaffar/OU=BRANCH/O=MPOB@MPOB,CN=Abdul Khalil Mohamad Nor/OU=BRANCH/O=MPOB@MPOB,CN=Abdul Rahim Abdullah Sani/OU=BRANCH/O=MPOB@MPOB,CN=Abdullah Hashim/OU=BRANCH/O=MPOB@MPOB,CN=Adrein Tubong/OU=BRANCH/O=MPOB@MPOB,CN=Ahmad Abduh Yaman/OU=BRANCH/O=MPOB@MPOB,CN=Ahmad Saghir Baharan/OU=BRANCH/O=MPOB@MPOB,CN=Ahmad Zuraimi Ab. 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