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Old 25th Jan 2019, 11:11
  #3433 (permalink)  
yellowtriumph
 
Join Date: Nov 2015
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Posts: 287
Originally Posted by virginblue View Post
That was not because the management had second thoughts about the consequences of Brexit, but simply because some shareholders blocked the decision as they did not like the idea of Unilever having to disappear from the FTSE (which would have forced certain institutional shareholders to part with their shares). I would not be surprised if some of the top executives in the near future will abandon ship as a consequence ...
If by ‘certain institutional investors’ you mean pension funds - they are free to invest around the world. Although I would readily admit there would be transactional costs involved.
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