Unilever — maker of Dove soap and Ben & Jerry’s ice cream — scraps plan to move HQ to Netherlands after UK shareholder revolt
|10/05/2018||Posted by BusinessMediaguide.Com under General World News||
- Withdrawal means that for now, Britain gets to keep one of its most valuable companies as it moves closer to Brexit.
- Scrapped plan seen as victory for shareholders, who had opposed the move.
- Unilever decided to collapse its Anglo-Dutch structure after a business review sparked by last year’s failed $143 billion takeover approach by Kraft-Heinz.
Unilever — the maker of Dove soap and Ben & Jerry’s ice cream — has abandoned plans to move its corporate headquarters from London to Rotterdam in the face of growing opposition from UK investors, Reuters reported. The withdrawal means that for now, Britain gets to read more >>>