Group seats wiggle: Shell Leaves the Netherlands?

Leaves as well as Shell in the Netherlands? Chairman of the Board Ben van Beurden played at the beginning of the month with the thought, and said, in an Interview of an "Option", the Dutch part of the double-seat to give up. Concrete plans there, but: "Nothing is permanent, and of course we look at the location's climate."

Klaus Max Smolka

editor in the economy.

F. A. Z.

the next political scandal Threatens there? The Oil giant is the second Dutch-British company in the country in addition to Unilever. This consumer goods giant with 52 billion euros in annual sales, wants to have its seat in Rotterdam omitted, and in the future on the London set. In front of a good ninety years, the company resulted from the merger of the Dutch Margarine Unie with the British Lever Brothers and survived so far as a truly bi-national construct: with two stock companies, a Dutch N. V., and a British plc. The Market capitalisation on the stock exchanges of Amsterdam and London show a slight predominance (55Prozent) of the Dutch N. V.

AEX-Index AEX INDEX -- ( -- ) AmsterdamBNP Paribas 1T 1W 3M 1J 3J To the detail view

But in the N. V. shares in the Netherlands, the dividend tax, plc-stock in England by some non-enjoy a crucial difference from an investor's point of view – even if an exception status or the refund of the tax can -- 5J falls. Unilever decided to unify its group headquarters; the question was where. To intense Lobbying, the government of Prime Minister Mark Rutte announced an extra dividend tax to be abolished to keep to Unilever in the country. This was achieved initially, but then turned to British investors. And the company decided in the end for London instead of Rotterdam.

policy groups, concessions

Rutte earned some ridicule from those critics who see the economy as too much hugs and to control politically preferred. From the other side of the Shell increases the pressure. And that could be an interesting debate, especially since the coming of March, the election to the Second chamber of the Parliament is imminent. Unilever and Shell are the traditional heavyweights in the 25-member benchmark index, the AEX, with the last approximately 11.5 percent. Only since some time, the chip machine manufacturer ASML has moved due to his unusual rise to the top is in front of you. Unilever should remain after the current group plans at the Amsterdam stock exchange is the part of the group for Euronext – listed. But, of course, also applies here: Nothing is permanent.

it is Interesting at the moment, what is happening in the retail segment. Here is the large group Ahold, the excited four years ago with the Acquisition of the Belgian competitor Delhaize sensation is considering, apparently, a further Takeover, this Time in their own country. He is said to have thrown an eye on the Department store chain Hema, with your product offer something like a premium Woolworth plus with a limited food section. The company as part of the cultural heritage, as the original name behind the acronym suggests: Hollandse eenheid Maatschappij Amsterdam – Dutch unit price company of Amsterdam all. In 1926, the first store opened, as the houses were served even more chic clientele.

retailers are struggling Department store Hema

Also in Germany, the Hema is present in a few cities, and mainly in the West. Lender acquisitions recently to Hema, the control from the previous private owner and the company want to be rich now. Ahold – owner of the in the Netherlands, ubiquitous grocery chain Albert Heijn – seems to be among the interested buyers. Apparently, they want all the time, Hema also falls to the big competitor Jumbo. Ahold shares following a sharp fall at the beginning of the Corona-while the crisis in parallel with the overall market in rate, but are now above the pre-crisis level. A paper from the next value segment. AScX has not yet completely there, that all the benefits of a special economic activity: the share of Bicycle provider, Accell, which is a very high demand for two-wheelers. The price peaks prior to the crisis has to climb its share yet.

Date Of Update: 13 July 2020, 12:20