--A top-five shareholder of Unilever has expressed reservations over the company's proposed transfer of its headquarters to the Netherlands, the Financial Times reports.

--Nick Train, the co-founder of Lindsell Train, which holds a 2.5% stake in Unilever, said he was worried that the move will result in forced selling of shares of the company, according to the FT.

--Shareholders have yet to approve the move, which is expected to result in Unilever leaving the FTSE 100 Index.

Full story: https://on.ft.com/2zwNS4A

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(END) Dow Jones Newswires

July 12, 2018 05:34 ET (09:34 GMT)

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