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Disney, Reliance merger discussions reach last lap as Feb 17 exclusivity deadline draws nearRIL Group to hold direct stake as well, invest up to $1.5 bn cash; new merged co to be arm of Viacom 18. Reliance executives are also worki...
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 ...
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...
Unilever's soap opera: M&A, job cuts, Nelson Peltz joining boardThe maker of Dove soap and Magnum ice cream has had a bumpy few years, with shares falling about a quarter from highs seen in late 2019 and...
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...
'Neutron' Jack Welch, who led GE's rapid expansion, dies at 84GE saw great growth and expansion under Welch's leadership. Through streamlining operations, acquiring new businesses and ensuring that eac...
After $31 trillion inflows, funds figure out socially responsible investingNearly 30% of hedge funds say they’re using ESG considerations to inform investment decisions.
What to watch as global earnings season gets into full swingGlobally, the macroeconomic situation is a very solid backdrop for corporate profits.
These are the stocks the biggest names in the hedge fund industry have been buying and sellingA number of funds also took positions in pharmaceuticals stock Perrigo, including Kyle Bass of Hayman Capital.
- 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...
Singapore's Arisaig Partners bets big on Indian FMCG companiesArisaig has directed all its investments in India-valued at about Rs 5,500 cr, as of September, 2012 - into 11 companies in the consumer sp...
- 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 ...