Unilever kills plan to move its HQ out of the UK
London (CNN Business)Unilever has given up on a plan to move its headquarters out of the United Kingdom after some big investors objected.
The global consumer goods company said Friday that the planned change “has not received support from a significant group of shareholders.”
Unilever (UL), which owns brands including Dove, Lipton and Ben & Jerry’s, had announced in March that it would use Rotterdam as its sole legal home as part of an effort to simplify its corporate structure.
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