Home » General World News » Unilever — maker of Dove soap and Ben & Jerry’s ice cream — scraps plan to move HQ to Netherlands after UK shareholder revolt

Unilever — maker of Dove soap and Ben & Jerry’s ice cream — scraps plan to move HQ to Netherlands after UK shareholder revolt





A woman stands behind a machine that is part of a toothpaste manufacturing line at the Unilever factory in Lagos, Nigeria January 18, 2018. Picture taken January 18, 2018. REUTERS/Afolabi Sotunde

  • 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 >>>

Source:: BusinessInsider.Com

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