You are here: Home » International » News » Companies
Business Standard

Unilever picks Rotterdam HQ over London in blow to UK before Brexit​

Unilever was forced to rethink its structure after it had to fight off one of the biggest takeovers ever proposed in 2017

Reuters  |  London 

Britain's third biggest company Unilever will scrap its London corporate headquarters and make Rotterdam its sole legal home in a blow to Prime Minister Theresa May's government almost one year to the day before Brexit. The maker of Dove soap and Ben & Jerry's ice cream launched a review of its dual-headed structure in 2017 after fighting off a $143 billion takeover from Kraft Heinz, triggering a battle between Britain and the Netherlands. Unilever said the choice to end 88 years of operating with two parent companies was not linked to Brexit or protectionism, but ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, March 15 2018. 20:29 IST
RECOMMENDED FOR YOU