Market Chatter: Unilever Agrees to Sell its Stake in Myanmar Joint Venture

05:51 AM EST, 11/05/2026 (MT Newswires) -- Unilever (UL) agreed to sell its stake in Unilever EAC Myanmar to Centig, an affiliate of its local joint venture partner Europe and Asia Commercial, Reuters reported Thursday, citing a company spokesperson. The divestment is expected to be completed in 2027, subject to legal and regulatory approvals, the spokesperson said. Unilever did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)