CPC INTERNATIONAL &lt;CPC> SELLS SOUTH AFRICAN UNIT

  CPC International Inc
  said it has completed the sale of its South African subsidiary
  Robertsons Pty Ltd to a consortium of European and South
  African investors for an undisclosed amount in excess of book
  value due to the increasing difficulty of operating there.
      It said the operation accounted for less than two pct of
  worldwide sales of 4.5 billion dlrs in 1986.
      The company said small royalties expected to result from
  use of CPC trademarks by the new owners will be utilized for
  social programs in south Africa."  It said no significant
  impact on earnings is expected from the sale.
  

