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Unilever decided to leave headquarters in UK

Staff Writer |
The Unilever Board has decided to withdraw its proposal to simplify Unilever’s dual-headed legal structure.

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"In developing the proposal, the Board was guided by the opportunity to unlock value for our shareholders by creating a stronger, simpler and more competitive Unilever that is better positioned for long-term success.

"We have had an extensive period of engagement with shareholders and have received widespread support for the principle behind simplification. However, we recognise that the proposal has not received support from a significant group of shareholders and therefore consider it appropriate to withdraw."


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