Forget Brexit. Unilever's decision to go Dutch is about giving itself advantages in M&A, whether bidder or target.
The global consumer goods company's decision to scrap its Anglo-Dutch structure and domicile in the Netherlands definitely strengthens its takeover defences after the $143 billion hostile bid from Kraft Heinz last year.
Any future approach for Unilever would come under the jurisdiction of Dutch takeover rules rather than the UK Takeover Panel.