Philippine Gokongwei Group Exits Australia, New Zealand Snack Foods Business

Universal Robina Corp. (URC) agreed to sell its remaining 60% stake in Unisnack ANZ to its joint venture partner Intersnack Group, exiting the Australian and New Zealand snack food business to focus on Southeast Asia.
Universal Robina Corp. (URC) agreed to sell its remaining 60% stake in Unisnack ANZ to its joint venture partner Intersnack Group, exiting the Australian and New Zealand snack food business to focus on Southeast Asia.