said on Monday, November 30, that it has become a wholly British company, completing a historic merger of its Dutch and British corporate entities to end its double-headed structure.
"Unilever is pleased to announce the completion of the unification of its group legal structure under a single parent company, Unilever PLC," it said in a statement. The company's food and refreshments division will continue to be based in Rotterdam. Britain will continue to be the base for both its home care and its beauty and personal care units.
Sophie Lund-Yates, equities anlayst at stockbroker Hargreaves Lansdown, said the move would make it easier to streamline operations, against an uncertain backdrop of both the coronavirus and Brexit.
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