Unilever set to give up London HQ: Sky News

The Unilever building is seen in London
The Unilever building is seen in London, Britain March 13, 2018. REUTERS/Peter Nicholls

March 14, 2018

(Reuters) – Unilever’s <UNc.AS> <ULVR.L> board will finalize on Wednesday a decision to close the Anglo-Dutch consumer giant’s London headquarters, Sky News reported, citing sources.

A formal announcement is due on Thursday, the report said. https://goo.gl/FM16KN

Unilever was not immediately available for comment.

After rebuffing a $143 billion takeover offer from Kraft Heinz <KHC.O>, Unilever said last year it would review its dual structure, under which it is based and listed in both Britain and the Netherlands.

(Reporting by Rahul B in Bengaluru and Martinne Geller in LONDON; Editing by Arun Koyyur)

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