United Brands discontinues Unilever products from its portfolio, Rs58 mln monthly loss expected

By MG News | April 11, 2019 at 10:38 AM GMT+05:00

0:00

April 11, 2019 (MLN): United Brands Limited, which is involved in the distribution of consumer products, has decided to discontinue the following businesses from its portfolio, as per a notification issued to Pakistan Stock Exchange (PSX) on Thursday.

Mars
Wrigley’s
Haleeb Foods
Unilever
Heinz
IFFCO

The company also informed that the discontinuation of these businesses shall result in loss of revenue by approximately Rs. 58 million every month.

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