AMSTERDAM (Reuters) – Alan Jope, the chief executive of Unilever
At a meeting at which holders of the company’s Dutch shares are expected to approve unification, Jope repeated the tax proposal is at an early stage and Unilever believes it would violate international law.
However, he said the company could always cancel the merger up to the moment of a high court approval hearing if the law were to be passed.
Unilever says the tax could cost it up to 11 billion euros and would be a reason to stop the unification.
(Reporting by Toby Sterling; editing by Jason Neely)