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PCA M&A Briefing

07MYANMAR
AGREED EXIT

Unilever agrees to sell its joint-venture stake

Yangon skyline with Shwedagon Pagoda

Unilever confirmed on 5 November that it had agreed to sell its shareholding in Unilever EAC Myanmar Company Limited to Centig Holding Company Limited , an affiliate of its local joint-venture partner.

Financial terms were not disclosed. Completion is expected in 2027 , subject to legal and regulatory approvals. The agreed sale should therefore be distinguished from a completed exit.

PCA'S PERSPECTIVE

Exit planning requires as much attention as market entry. Sellers should assess counterparty reliability, payment arrangements, the ability to transfer proceeds and obligations continuing after completion. The practical feasibility of receiving the purchase price matters alongside the agreed valuation.

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