We are delighted with this agreement for Campbell to acquire the entire portfolio of brands being sold as a result of the undertakings to the EC.

Performance is what matters to me, not the niceties of corporate structure.

For Europe to emerge as a winner from globalisation, we must put knowledge and innovation at the centre of our growth agenda.

Performance is what matters, not the niceties of the corporate structure, as far as I'm concerned.

Especially in Asia we are too small in food.

Our savings programs are delivering well and, together with an improved mix, they have enabled us to fully offset the impact of higher input costs.

The planned sale is a logical step in the process of integrating Unilever and Bestfoods. The brands identified for sale represent an attractive portfolio but fall outside of our strategy to focus on leading brands such as Ragu [pasta sauce], Hellmann's [mayonnaise] and Lipton [tea].

We have decided that the best way for us to create value is by selling the majority of the European Frozen Food businesses.

We are too small in food in Asia in particular. But it is difficult to grow there by takeovers, nothing is available.