Unilever has made the decision to sell its margarine business, this includes famous brands such as Flora and Stork.
The decision comes as part of a wide-ranging review.
Analysts believe the sale could fetch $6bn (£4.8bn).
Unilever is also thinking about changing its status as a dual-listed company in two countries.
Paul Polman, told the BBC’s Today programme: “We always have worked our operational model and driven efficiency,”
He also spoke of how Unilever would not be changing its long-term business model.
Polman said that the company is set to step up its cost-cutting measures, it’s aiming for a 20 per cent margin by 2020.
He said the margarine business is a “declining segment.”