Company News, Financial News

For Unilever, Unwieldy Works

Withdraws simplification plan to appease investors.

Author Image

By: TOM BRANNA

Editor

In the end, Unilever brass just couldn't subdue their polycephalic tendencies. The Board withdrew its proposal to simplify Unilever's dual-headed legal structure. In developing the proposal, the board was guided by the opportunity to unlock value for our shareholders by creating a stronger, simpler and more competitive Unilever that is better positioned for long-term success, according to company executives. In a statement, Unilever said: We have had an extensive period of engagem...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters