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Unilever Investors Gear Up For Fresh Tussle Over Headquarters

Published on Mar 22 2019 8:49 AM in A-Brands tagged: Featured Post / UK / Unilever / Netherlands / Brexit / Headquarters / Paywall

Unilever Investors Gear Up For Fresh Tussle Over Headquarters

Some of Unilever's biggest investors in the UK are planning to put renewed pressure on the consumer goods giant to abandon the idea of ditching its dual headquarters in favour of the Netherlands.

The maker of products such as Dove soap and Ben & Jerry's ice cream backed down in the face of a rebellion by UK investors in October, but said in January it was still considering ditching its Anglo-Dutch structure.

The company had said that becoming a single legal entity would simplify its operations and facilitate deal-making. Many UK shareholders oppose the move that would see them forced to sell the shares. Others dispute the strategic rationale.

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