Food and cosmetics giant ends 90-year partnership
Business
- 30 November, 2020
- 07:47
The food and cosmetics giant Unilever, founded in 1930 by Lever Brothers of the United Kingdom and Dutch Margarine Unie of the Netherlands, came under British control.
According to Report, the company's head office has moved from Rotterdam in the Netherlands to London, England.
The reason for the end of the 90-year partnership is the conclusion of the Dutch government to re-impose a dividend tax on large companies. The decision was made by the Supreme Court of England after the shareholders of Unilever reached an agreement.
However, the company will continue to invest equally in the UK and the Netherlands, leaving 2,500 employees in the Netherlands.
Latest News
23:47
Photo
Ukraine and Denmark sign memorandum to establish joint drone production venture
Other countries23:27
Armenia to finalize new constitution draft for public and expert review
Region23:09
Tickets for Qarabag vs. Twente UEFA Conference League play-off match go on sale
Football22:46
Russian drone strike on police headquarters in Ukraine kills two officers
Other countries22:30
Death toll from Colombia earthquake rises to 312
Other countries22:16
Azerbaijan's Aykhan Javadov becomes U20 world champion for second time
Individual sports22:07
Photo
Uzbekistan, Azerbaijan mull increasing trade turnover
Foreign policy21:43
NATO vows to 'defend all allies' after Iran reportedly weighs attacks on targets in Europe
Other countries21:23