Unilever Asks NV Trust Office to End Depositary Receipt Structure

Date : 05/01/2019 @ 7:54AM
Source : Dow Jones News
Stock : Unilever Dr (UNA)
Quote : 53.4  -0.21 (-0.39%) @ 2:00AM
Unilever Dr share price Chart

Unilever Asks NV Trust Office to End Depositary Receipt Structure

Unilever (LSE:ULVR)
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   By Oliver Griffin 
 

Unilever PLC (ULVR.LN) on Wednesday said it has requested its NV Trust Office to begin initiating the termination of the depositary receipt structure.

The owner of the Hellmann's mayonnaise, Dove soap and Ben & Jerry's ice cream brands said the NV Trust Office has agreed to start the process.

Unilever said approval by depositary receipt holders will be sought by the NV Trust Office in due process.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

May 01, 2019 02:39 ET (06:39 GMT)

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