Unilever adjourns meetings where Dutch move would've sought approval
Reuters
Published Oct 26, 2018 08:16AM ET
Unilever adjourns meetings where Dutch move would've sought approval
(Reuters) - Unilever (L:ULVR) (AS:UNc) on Friday said meetings where it had planned to seek court and shareholder approval to move its headquarters to the Netherlands have been adjourned indefinitely after its decision to scrap the move in the face of a shareholder revolt.
The company was legally required to hold a meeting in the UK on Friday as planned, even though the proposal was withdrawn.
A handful of shareholders attended and voted to adjourn the meeting, a spokeswoman said, noting that it lasted only a few minutes.
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Written By: Reuters
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