have approved the company's plan to end its 90-year-old dual-headed structure in favour of a single London-based entity, the Anglo-Dutch consumer goods company said on Monday.The results were released during shareholder meetings streamed online due to the COVID-19 pandemic. Investors in Dutch-listed Unilever NVUnilever wants to unify on Nov. 29, ending a hybrid structure that dates back to the merger of British soap maker Lever Brothers and Margarine Unie in the Netherlands.
Such flexibility is key to Unilever’s ambition to shift its portfolio into higher-growth areas like premium beauty. Unilever has said this will become even more important as a result of the pandemic. The only potential worry for Unilever is an “exit tax” proposed by a Dutch opposition party that could cost the company up to 11 billion euros .
So the Dutch may pay for Brexit ? Don't think so, new law is coming up.