Unilever to stay on FTSE 100: How investors reacted October 5, 2018 Unilever’s awkward climbdown over its attempt to move its main listing to the Netherlands is unlikely to be the last, according to one financial expert, as investors reacted to the company’s decision to retain its London headquarters today. Unilever this morning pulled plans to make the Netherlands its sole headquarters and quit its UK offices, after [...]
Royal London joins group of investors preparing to vote against Unilever Netherlands move October 3, 2018 Royal London Asset Management is the latest Unilever shareholder to speak out against the company's plan to scrap its London listing and headquarters. Unilever has proposed to simplify its current dual-headed structure into a single holding Dutch company, with a secondary listing on the London Stock Exchange, however a growing list of investors have announced [...]
Another top Unilever shareholder says it will vote against Dutch move October 1, 2018 Another top shareholder of consumer giant Unilever has said it will vote down the company's plans to relocate its headquarters to the Netherlands. Asset management firm Schroders joined a growing list of investors who have vowed to reject Unilever's plan. In September, Aviva said the same thing, while top 10 shareholder Legal & General Investment [...]
Unilever hits back over City fury at Dutch move September 25, 2018 Unilever has stepped up its charm offensive on City investors as it tries to combat a brewing shareholder revolt over plans to ditch its London headquarters. The consumer goods giant has organised meetings with the most vocal opponents of the plans in an attempt to assuage their fears, although its attempts to change minds have [...]
M&G Investments adds to pressure on Unilever to back down on abandoning London PLC September 18, 2018 M&G Investments today became the latest major investor to threaten to vote against Unilever's decision to abandon its London PLC in favour of a new Dutch holding company. The maker of Marmite and Dove soap is under severe pressure from City investors, who fear they could be forced to sell the shares in funds limited [...]
M&G Investments adds to pressure on Unilever to back down on abandoning London PLC September 18, 2018 M&G Investments today became the latest major investor to threaten to vote against Unilever's decision to abandon its London PLC in favour of a new Dutch holding company. The maker of Marmite and Dove soap is under severe pressure from City investors, who fear they could be forced to sell the shares in funds limited [...]
Honda Europe presses for frictionless trading post-Brexit but vows to keep Swindon plant September 18, 2018 Honda Europe today said a no-deal Brexit would hurt its competitiveness at its plant in Swindon, but that it has no plans to relocate from the UK. Speaking to Radio 5 Live, senior vice president of Honda Europe, Ian Howells, said: "Really it hasn't come up that we would actually have to look at putting Swindon [...]
Honda Europe presses for frictionless trading post-Brexit but vows to keep Swindon plant September 18, 2018 Honda Europe today said a no-deal Brexit would hurt its competitiveness at its plant in Swindon, but that it has no plans to relocate from the UK. Speaking to Radio 5 Live, senior vice president of Honda Europe, Ian Howells, said: "Really it hasn't come up that we would actually have to look at putting Swindon [...]
Unilever facing growing shareholder revolt over plans to abandon London PLC September 17, 2018 Consumer goods giant Unilever is facing shareholder revolt over plans to move its headquarters from London to the Netherlands, with more City investors saying they will vote against the decision. Brewin Dolphin today became the latest investment manager in the Square Mile to object to the move, which will see the FTSE 100 stalwart leave [...]
Unilever facing growing shareholder revolt over plans to abandon London PLC September 17, 2018 Consumer goods giant Unilever is facing shareholder revolt over plans to move its headquarters from London to the Netherlands, with more City investors saying they will vote against the decision. Brewin Dolphin today became the latest investment manager in the Square Mile to object to the move, which will see the FTSE 100 stalwart leave [...]