Unilever has announced plans to select the Dutch city of Rotterdam as the location of its corporate headquarters, ending nearly a century of residency in London.
The consumer goods company said in a statement Thursday that it would use Rotterdam as its sole legal home amid a broader shake up of its corporate structure.
Unilever shares will continue to be listed in London, Amsterdam and New York. The company said that its 10,000 employees in the Netherlands and the UK would not be affected.
The company owns brands including Dove and Lipton.