Heavenly Slender Dealing: Heavenly Slender Sweets Inc....

Heavenly Slender Dealing: Heavenly Slender Sweets Inc. has signed a $12.5-million private placement agreement with Universale Generale, N.V., a Belgium-based reinsurance company. The agreement calls for Universale Generale to buy 5 million shares of Heavenly Slender Sweets common stock. The stock purchase will be completed over a 10-year period. Anaheim-based Heavenly Slender Sweets, which makes diet desserts, has applied for listing on the American Stock Exchange. Heavenly Slender Sweets earlier announced that former Lever Brothers Co. executive John Budd had agreed to become president.