Unilever (UN, $53.87 ) Abandons Plans Of Moving Headquarters Out of the UK
Unilever will continue to have the U.K as a headquarter.
The consumer goods behemoth has two headquarters, one in London and the other in Rotterdam. Earlier this year, the company was planning to move its headquarter out of the U.K., and have a single one in Rotterdam as part of an effort to simplify its corporate structure. Had Unilever gone ahead with the plan, it would have been designated as a Dutch company and therefore could potentially have gotten removed from London's FTSE 100 index.
However, Unilever announced the abandonment of that plan on Friday, since major shareholders did not give the go-ahead on moving headquarters out of the U.K.
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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
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