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Old 05-10-2018, 01:27 PM #1
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Default Unilever ditches plan to move to Rotterdam after shareholder pressure



Anglo Dutch group Unilever said on Friday it is ditching plans to consolidate its headquarter operations in Rotterdam following talks with shareholders.The company said in a statement it is withdrawing a proposal to ‘simplify’ its dual structure. The decision comes three weeks of a shareholders meeting to approve the move.Several large investors in the UK have come out against the decision to switch to Rotterdam and the company had been under considerable pressure to rethink.

our PM Mark Rutte isn't happy about this decision
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