BusinessDay
Nigeria's leading finance and market intelligence news report.

Investors may rethink Unilever shares on plans to separate N1trn worth tea businesses

… Nigeria affected 

Unilever plc, the parent company of Unilever Nigeria plc, plans a strategic review of its global tea business, which includes brands like Lipton, Brooke Bond and PG Tips. Unilever Overseas Holding B.V. owns a 60.04 percent share in Unilever Nigeria while other investors account for just 40 percent of its equity. The multinational says it…



Join the BusinessDay Inner Circle to read exclusives and gain insights for N1000/month

Get real time updates directly on you device, subscribe now.

Comments are closed.