Unilever is preparing to convince investors to delete a controversial plan to delete the head office in Great Britain
City & Finance Reporter for the Daily Mail
Unilever has cast a vote on its plan to delete its legal headquarters in Great Britain
Unilever has just over a month to convince investors to support a controversial plan to scrap the legal headquarters in Britain.
The maker of Marmite has cast a vote on the amendment on 25 October in Rotterdam and on 26 October in London, which requires support from investors in the UK and the Netherlands.
It is the stage for a confrontation between Unilever's bosses and a few large shareholders who have expressed concern about the proposals.
The consumer goods group wants to bring the entire company under one Dutch mother.
Chief executive Paul Polman has insisted that the company will become more agile.
But the switch has given cause for concern in the UK as Unilever will lose its place on the FTSE 100 index.
That would force UK funds that follow the index to sell their shares in the company.