Executives at Unilever have come out fighting in the battle to convince its shareholders to back plans for a single headquarters in the Netherlands.
In a co-ordinated counterattack after signs of a shareholder revolt, the consumer goods group has stepped up its efforts to sell the proposals.
Unilever is seeking shareholder approval for its shake-up in votes next month, which would end its 88-year Anglo-Dutch dual governance structure. It comes after last year’s failed takeover attempt by Kraft Heinz and a wider restructuring, including the sale of its spreads business and a boost in returns to shareholders.
