Unilever Signals Likely Ftse Exit As Brazil Strike Hits Sales


LONDON – Unilever (UNc.AS) (ULVR.L) is “extremely unlikely” to stay in Britain’s FTSE 100 blue chip share index .FTSE after the consumer products company moves its headquarters to the Netherlands.

Unilever also said on Thursday that a truckers strike in Brazil would hit sales more than expected, contributing to a 4 percent drop in the company’s shares.

The group said the strike in Brazil last month – which prevented all deliveries to factories or stores for 11 days – would reduce second-quarter sales by 150 million euros ($177.38 million).

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