Pakistan, Nov. 6 -- Shan Foods is considering the sale of its majority stake that could value the Pakistani spice maker at about $250 million, reports Bloomberg .

According to the report, the company is working with a financial adviser for the sale and has approached potential buyers including Unilever Plc., according to anonymous sources who asked not to be identified as the discussions are private.

This deal will give potential acquirers exposure to the world's sixth most populous nation, home to the fastest retail market globally until the recent economic crisis.

According to Bloomberg, deliberations are ongoing and Shan Foods can still decide to sell a non-majority stake or keep the business. Representatives for Shan Foods and Unil...