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Home Featured

Unilever completes unification of its Group legal structure under a single parent company, Unilever PLC

by Editorial
November 30, 2020
in Featured, Marketing
Reading Time: 1 min read
Unilever sets out plans to help build a more equitable and inclusive society
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International: From today, and for the first time in its history, Unilever now trades with one market capitalisation, one class of shares and one global pool of liquidity, whilst also maintaining the Group’s listings on the Amsterdam, London and New York stock exchanges.

Nils Andersen

Nils Andersen, Chairman of Unilever, said: “This is an important day for Unilever and we would like to thank our shareholders for their strong support of our Unification proposals, which give us greater flexibility for strategic portfolio change, remove complexity and further improve governance.”

There will be no change to the operations, locations, activities or staffing levels in either The Netherlands or the United Kingdom as a result of Unification. The headquarters of Unilever’s Foods & Refreshment Division will continue to be based in Rotterdam and the Home Care and Beauty & Personal Care Divisions will continue to be headquartered in the United Kingdom.

Tags: Completion of Unilever’s UnificationNils Andersen UnileverUnilever

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