Unilever Headquarters Combination Cleared by U.K. Shareholders

Shareholders in the U.K. arm of Unilever voted overwhelmingly in favor of unifying the company’s headquarters in the U.K., moving the Dove soap maker’s plan to end dual nationality a step closer to completion.

More than 99% of investors in the British entity voted in favor of the move at a shareholder meeting Monday, matching an earlier approval rate by Dutch investors. The decision advances a plan to streamline a cumbersome structure that has complicated major takeovers and disposals.

The owner of Knorr stock cubes and Axe shower gel has maintained twin bases since the 1930 merger of Margarine Unie ...