Unilever Nv : Simplification of dual structure officially shelved by Board due to insufficient support. Not favourable for corporate governance criteria
>No change. But does that mean there is no impact? - Neutral maintained. The shelving of the simplification project should reduce visibility and perpetuate the group’s complexity in a context of increasing importance for corporate governance criteria.The Board said that it is considering the next steps, but did not provide further details. This means that we cannot be sure that the project has been dropped definitively. In an open letter end-September, Chairman M...Unilever is engaged in the supply of consumer goods in foods, household care and personal products. Co.'s activities are carried out through four categories: Personal Care, sales of skin care and hair care products, deodorants and oral care products; Home Care, sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products; Foods, sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; and Refreshment, sales of ice cream and tea-based beverages. Co.'s products are sold in over 190 countries around the world.
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