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Share Name Share Symbol Market Type
Unilever PLC EU:UNA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.29 3.05% 43.525 43.50 43.71 43.73 42.385 42.42 3,089,637 16:40:00

Unilever to Sell Thai Business Unilever Life to RS Group for an Undisclosed Amount

08/02/2022 9:36am

Dow Jones News


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By Anthony O. Goriainoff

 

Unilever PLC said Tuesday that it will sell its direct selling business in Thailand, Unilever Life, to RS Group for an undisclosed amount.

The London-listed consumer-goods giant said that the transaction was subject to certain conditions, and that it expected completion in three to four months.

The company said Unilever Life's portfolio was comprised of three brands: Beyonde, Aviance and iFresh.

Shares at 0859 GMT were up 12.50 pence, or 0.3%, at 3,871 pence.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

February 08, 2022 04:21 ET (09:21 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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