Unilever to finalize a decision to close London headquarters

Unilever’s board will finalize on Wednesday a decision to close the Anglo-Dutch consumer giant’s London headquarters, Sky News reported, citing sources. A formal announcement is due on Thursday, the report said.

Unilever was not immediately available for comment. After rebuffing a $143 billion takeover offer from Kraft Heinz, Unilever said last year it would review its dual structure, under which it is based and listed in both Britain and the Netherlands, reports Reuters.

  Learn about the COVID-19 pandemic from News Hour  
Follow News Hour
News Hour Correspondent

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
No Comments
Scroll Up
%d bloggers like this: