A who’s who of City heavyweights objected to the move, including Aviva Investors, Columbia Threadneedle, Legal & General Investment Management and Schroders.
The plan would have resulted in Unilever being ejected from the FTSE 100, forcing passive investors that track the index to sell their holdings.
As well as a shareholder revolt, the ill-fated move stirred political tensions. The Dutch government’s announcement that it would scrap a 15pc withholding tax on dividends was seen by political opponents as a sweetheart deal to ensure Unilever chose Rotterdam over London.
Britons feared jobs would be moved to the continent after Brexit, which