Unilever drops plan to leave UK for single Dutch HQ
Company's abandonment of plan to leave UK seen as major embarrassment for chief executive Paul Polman
bloomberg
05.10.2018
Unilever abandoned a plan to leave the UK for a single headquarters in the Netherlands after shareholders rebelled, in a major embarrassment for chief executive Paul Polman.
The about-face follows mounting opposition from fund managers at Columbia Threadneedle, Legal & General Investment Management, Schroders and other firms, which faced having to sell Unilever shares once the company dropped out of benchmark UK stock indexes.