Sep 2025 Financial News

Unilever Caribbean Limited - Notice of Divestment in its Laundry Brands

Sep 16, 2025

NOTICE TO SHAREHOLDERS
Pursuant to Section 64(1)(b) of the Securities Act, 2012

Unilever plc has taken the decision to divest its laundry brands in the Caribbean and Central America, subject to the satisfaction of certain conditions precedent, including the receipt of regulatory consents in relevant jurisdictions. The divestment will include the transfer of trademark rights in several solution washing brands, including the brands known as "Breeze" and "Radiante", which are currently being marketed and distributed in Trinidad and Tobago by Unilever Caribbean Limited (UCL).

In anticipation of the local transactions arising out of this proposed divestment, the Board of Directors of UCL on September 11, 2025 approved the submission of an application to the Trinidad and Tobago Fair Trading Commission to satisfy the regulatory requirements arising from the proposed transfer of the brands "Breeze" and "Radiante" in the Trinidad and Tobago market.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday 16th September 2025