Hints and tips:
...Months later, activist investor Nelson Peltz started building up a stake in the company before joining its board, where he has been agitating for change....
...Nelson Peltz’s activist hedge fund Trian Partners has built a stake in Unilever, ratcheting up the pressure on the FTSE 100 company after its abortive pursuit of GlaxoSmithKline’s consumer health business...
...Activist investor Nelson Peltz soon after took a stake in Unilever through his firm Trian Partners and gained a seat on the board....
...Unilever’s performance has improved this year: its shares have surpassed sector rivals since the arrival of activist Nelson Peltz in the stock and into the boardroom....
...The eclectic mix includes pillar candles by Yinka Ilori, glass fruit pipes by Edie Parker, Japanese shibori kits and statement jewellery crafted by Johnny Nelson....
...Fundsmith chief executive Terry Smith referred to this as a “near-death experience” for the manager’s stake. And rising interest rates have dented Unilever’s attractiveness as a bond proxy stock....
...Jope’s planned departure follows the arrival of activist investor Nelson Peltz, whose Trian Fund Management has a history of shaking up consumer goods makers....
...Top-10 shareholder Terry Smith, of Fundsmith, said it had “lost the plot” after seeking to define the purpose of brands such as Hellmann’s mayonnaise....
...Hellmann’s mayonnaise has turned to the 51-year-old head of a Dutch dairy co-operative to succeed Alan Jope, after strategic missteps and financial underperformance made it a target for activist investor Nelson...
...UK fund manager Terry Smith was paid more than £36mn last year as his investment boutique Fundsmith reported a record annual profit for the year to March 2022....
...The consumer goods group had “lost the plot” by attempting to flaunt its sustainability credentials at the expense of running the business, according to veteran fund manager Terry Smith, whose Fundsmith...
...Plight of the shareholder Famed stockpicker and Unilever shareholder Terry Smith accused the consumer goods group Unilever of having “lost the plot” by focusing on “purpose”....
...Terry Smith, I hope you’re listening . . . DWS’s Asoka Wöhrmann faces widening scandal “Congratulations!!!...
...Terry Smith, a top shareholder, has accused Unilever of burnishing its sustainability credentials at the expense of making money....
...The announcement follows news that Nelson Peltz’s activist hedge fund Trian Partners has built a stake in the company, though Unilever said the structural changes had been in development for the past year...
...Fundsmith founder Terry Smith, a top-15 shareholder at Unilever, urged its management to focus on improving the existing business rather than targeting big acquisitions....
...Axe’s parent company, consumer goods giant Unilever, could be in for a similar refresh now that Nelson Peltz has joined its board....
...Marc FilippinoNow this could change now that Nelson Peltz and Trian Partners are on the scene....
...Charles and Maggie Jencks began work on the house in 1978, with architect Sir Terry Farrell....
...Working from studios overlooking the sea at the southernmost extremity of Cornwall, artists including Barbara Hepworth, Ben Nicholson, Peter Lanyon, Naum Gabo, Patrick Heron and Terry Frost propelled modernism...
...The same month it was revealed that the American investor Nelson Peltz’s activist Trian fund had taken a stake in Unilever. In May, Peltz joined the board....
...It has also faced outspoken criticism from top-15 shareholder Terry Smith of Fundsmith over its emphasis on “purpose-driven” brands....
...Unilever’s underperformance made it an attractive target for an activist such as Nelson Peltz’s Trian Partners, said bankers, investors and analysts....
...per cent distribution, and the $7m Natixis Vaughan Nelson Select ETF, which estimates a 16.2 per cent distribution, filings show....
...Terry Smith is also on the woke warpath with fresh attacks on Unilever’s management....
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