Unilever U-Turn on Threat to Drop London Listing For Now

Last week saw reports that Unilever is considering dropping its London listing and reporting only to the Amsterdam stock exchange (it is currently listed with both). The story was widely interpreted as a threat from Unilever’s ultra-Remainer CEO Paul Polman, who has been using his position to undermine Brexit at every turn. Well, some good news from Unilever’s investor event this morning: “the Board intends to maintain listings in the Netherlands, United Kingdom and United States”. And Polman is on his way out of the company. Maintaining their London listing and ignoring the whinging of their Remainiac CEO is a sensible decision by the Unilever board, they would do well to drop his naff campaign once and for all…

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November 28, 2017 at 11:37 am



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