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

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

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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Posted on: 2019-04-11T10:38:00+05:00