Unilever Shifts To London

Contrary to yesterday's gleeful headlines in certain sections of the media, Unilever is not leaving London for the Netherlands, but the other way around.

Unilever is to abandon its dual Anglo-Dutch corporate structure in favour of a single company in London, reversing attempts two years ago to combine its two arms in the Netherlands. The maker of Marmite, Dove soap and Ben & Jerry’s ice cream said on Thursday it would merge its Dutch entity into its UK arm, Unilever plc, later this year if the move is approved by shareholders.

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