European regulators are taking a closer look at Sara Lee’s recent divestures. Unilever’s acquisition of Sara Lee’s body care and household business is being put under the microscope. The deal, which was announced in September, will be the focus of an in-depth investigation by the European Commission. “The merger creates significant overlaps in a number of products used by consumers on an everyday basis,” staated Joaquin Almunia, commission vice president and competition commissioner. “...