Walt Disney prevails over Trian in board fight, sources sayDisney defeated challenges from Trian and Blackwells in a shareholder vote. The board fight result will be disclosed soon. Share price surg...
'Merger deal with RIL undervalued Disney's Star India assets'It also said that the deal undervalued Disney's Star India assets, leading to a $2 billion impairment. On February 28, Disney and RIL annou...
Unilever CEO pursuing strategic shift with Peltz's backingHein Schumacher expressed that billionaire activist and board member Nelson Peltz is strongly supportive of a recently formulated strategy ...
Battle for Disney's future heats up, company sets meeting dateDisney set the shareholder meeting for April 3 when investors will get a say in who guides the entertainment and media giant's future. It r...
Disney investors await CEO Bob Iger's revival plan with results on tapDisney and Bob Iger are under pressure from activist investor Nelson Peltz, chief executive of Trian Fund Management, who has launched a pr...
Unilever names Dutch dairy boss Hein Schumacher as new CEOSchumacher, 51, joined Unilever in October last year as non-executive director and is currently the chief of Dutch dairy business Friesland...
This is the richest person in US with most kidsDo rich people have more than one child? Well, let us unearth the answer to this simple question.
Activist on parent's board could give HUL a new growth leverThe stock of Unilever Plc surged 9% on the news of Nelson Peltz of Trian Fund Management, one of the largest shareholders of the global con...
Unilever to cut 1,500 management jobs in overhaulThe maker of Dove soap and Magnum ice cream, which employs about 149,000 people around the world, said on Tuesday it would organise its bus...
European stocks slip again with tech under pressureThe pan-European STOXX 600 index slipped 0.4% by 0814 GMT, with Asian stocks also under pressure as investors braced for a hawkish update f...
By shedding past, corporate behemoth GE aims to secure its futureNow GE is making a final break with its storied past, splitting itself into three businesses, a victim of the lingering effects of the 2008...
Valued interaction with Nooyi: Nelson PeltzNooyi had opposed the move, arguing that PepsiCo could leverage retail clout with both businesses together.
Procter & Gamble says Nelson Peltz has lost bid for board seat; he disagreesPeltz, 75, did suggest reorganising the maker of Tide and Pampers into three largely autonomous units.
Jeff Immelt steps aside as GE chairman ahead of scheduleImmelt left after determining "that the CEO transition has proceeded smoothly," said the maker of jet engines, gas turbines and ultrasound ...
- Danone dairy woes a challenge for Nelson Peltz's Heinz playbook
Nelson Peltz helped bring change to HJ Heinz Co. that led to a $23 billion bid for the company last week. Now he's turning his attention to...
- JDP bandh hammers train services in West Bengal
Train services on the Howrah-Burdwan chord line, Bandel-Burdwan mainline and the Seoraphulli-Tarkeswar sections under Howrah division of Ea...
- Peltz stake acquisition may lead to Cadbury break-up
Cadbury Schweppes, the UK maker of Dairy Milk chocolate and Dr Pepper soda, may split its drinks and confectionery units after billionaire ...