JP Morgan Backpedaling on Unilever Shares (UNVR)

Since the start of this year, JP Morgan Chase & Co have sold more than half of their shares portfolio in Unilever Indonesia (UNVR).

Bisnis, JAKARTA – JP Morgan Chase & Co is distancing itself from consumer issuer PT Unilever Indonesia Tbk (UNVR). Last April, the US-based investor institution is distributing its shares of the Rinso and Pepsodent producer.

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