Unilever to shut London headquarters

Published: March 14, 2018 19:45:43 | Updated: March 16, 2018 11:44:31

Unilever’s board will finalise 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.

Unilever was not immediately available for comment.

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