Browsing Tag
Unilevers
Unilever’s soap opera: M&A, job cuts, Nelson Peltz joining board
Unilever appointed Nelson Peltz to its board on Tuesday as it engaged in talks about strategy with the American activist investor, who now holds a roughly 1.5% stake in the consumer goods…
How Unilever’s tea business became a test of private equity’s conscience
As Hellen Nyaboke and her family tried desperately to flee attackers on the Kenyan tea estate where she lived and worked, her husband Kenneth Mayenga was killed with a machete. One of her…
Unilever’s Israel offices raided in price fixing probe
Israel Competition Authority investigators raided the offices of global food giant Unilever yesterday evening, three months after senior executives were questioned, as…
Nelson Peltz: the activist investor hot on Unilever’s heels
In late September Nelson Peltz met the chief executive of Unilever, Alan Jope, for breakfast at Claridge’s. Peltz had organised the meeting to lobby against the recent announcement…
Bidders for Unilever’s tea business pulled out on plantation concerns
Two of the three final bidders for Unilever’s tea division balked at taking on the company’s plantations because of concerns about working conditions, according to people familiar…