UK-Dutch multinational Unilever is set to announced it has chosen Rotterdam over London as its new international headquarters. The company was formed in 1929 from a merger of British soap manufacturer Lever Brothers with the Netherlands' Margarine Unie, and has been jointly headquartered between the four countries ever since. A decision to choose the Netherlands could be due to that country's greater protection against hostile takeovers, and follows a takeover approach made last year by Kraft Heinz. The move to a combined HQ is not expected to lead to significant job losses.
UK-Dutch multinational Unilever is set to announced it has chosen Rotterdam over London as its new international headquarters. The company was formed in 1929 from a merger of British soap manufacturer Lever Brothers with the Netherlands' Margarine Unie, and has been jointly headquartered between the two countries ever since. A decision to choose the Netherlands could be due to that country's greater protection against hostile takeovers, and follows a takeover approach made last year by Kraft Heinz. The move to a combined HQ is not expected to lead to significant job losses.