Following the announcement last week that Legal & General Investment Management, a shareholder in Unilever, intends to vote against the company's 'simplification' plan, the company has taken steps to clarify some of the points therein.
Noting that some shareholders have 'sought confirmation regarding a number of governance matters', Unilever has issued a statement outlining the future strategy for the New Unilever NV business, around four administrative sticking points.