City comment: Nelson Peltz joins the party at Unilever

08:39am, Monday, 24'th Jan 2022 Evening Standard
Alan Jope is having a busy couple of weeks.
Unilever's shares rose 5% on Monday following reports activist investor Nelson Peltz has built a stake in the consumer goods maker, as its strategy comes under scrutiny after effectively abandoning th
Trian Fund Management LP , the activist hedge fund run by Nelson Peltz , has built a stake in Unilever PLC (NYSE: UL ), the Financial Times reports , citing people with direct knowledge of the matter. The $8.5 billion New York-based hedge fund has taken a position in shares of the British multinational consumer goods company. Earlier this month, Unilever offered $68 billion for the Full story available on Benzinga.com

New ESG Wave Hits Wall With Disinterested Investors

08:00pm, Sunday, 23'rd Jan 2022 OilPrice com
Not everyone likes ESG is how Bloomberg columnist Matt Levine titled a recent column in which he discussed pro-ESG arguments and then went on to detail the case of Unilever, which one fund manager said had lost the plot because of its fixation on ESG. Unilever seems to be labouring under the weight of a management which is obsessed with publicly displaying sustainability credentials at the expense of focusing on the fundamentals of the business, wrote the head of Fundsmith Equity Fund, Terry Smith, earlier
Nelson Peltzs hedge fund takes position in company thrown into turmoil after £50bn offer for a division of GSK
LONDON — Trian Fund Management LP, the activist hedge fund run by Nelson Peltz, has acquired a stake in Unilever PLC, according to people familiar with the matter, adding pressure to the packaged
Trian Fund Management LP, the activist hedge fund run by Nelson Peltz, has built a stake in Unilever PLC (NYSE: UL), the Financial Times reports, citing people with direct knowledge of the matter.  T
Activist hedge fund Trian Partners is said to take a stake in Unilever (UL) as shareholder pressure mounts after a failed attempt to acquire GlaxoSmithKline''s (GSK) consumer

Activist hedge fund Trian builds stake in Unilever - FT

11:50am, Sunday, 23'rd Jan 2022 Investing.com
https://www.investing.com/news/stock-market-news/activist-hedge-fund-trian-builds-stake-in-unilever--ft-2745683
Trian Partners, Nelson Peltz's activist hedge fund, has built a stake in Unilever, the Financial Times reported on Sunday, citing people with direct knowledge of the matter.
After reaching a 52-week low on its failed bid to acquire the consumer unit of GlaxoSmithKline (GSK), Unilever (UL) ADRs rebounded Wednesday as the company ruled out raising the bid
Terry Smith says bosses must focus on improving core business or step down after near-death experience

Unilever Stands Pat on GlaxoSmithKline Decision

03:07pm, Thursday, 20'th Jan 2022
Unilever PLC ( UL , Financial) said on Wednesday that it will not raise its already rejected bid of 50 billion pounds ($68 billion) for GlaxoSmithKline PLC's ( GSK , Financial) consumer health care bu
Yahoo Finance's Brian Sozzi and Julie Hyman analyze the top news this week as Unilever walks away from a $68 billion deal, Instagram tests letting U.S. content creators charge subscriptions, and Amazo
Thursday''s top analyst upgrades and downgrades included Advanced Micro Devices, Affirm, Bank of New York Mellon, Cloudflare, DoorDash, Ford, Juniper Networks, Truist Financial and Unilever.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE