Investor

UK's Fundsmith Reveals Why It Shed Diageo Stake

Britain's Terry Smith made public for the first time why Fundsmith Equity Fund dumped its Diageo stake last year.

Record Number Of Activist Investors Joined Shareholder Rebellion Last Year

A record number of activist shareholders mounted campaigns at global companies in 2024, a Barclays report showed, as their pressure tactics produced strong...

Instacart Shares End Up 12% On Debut After Initial Pop

Instacart's shares ended up 12% in their Nasdaq debut on Tuesday, failing to hold onto an intraday gain of as much as 43%, days after SoftBank's Arm Holdin...

Greenyard Signs Property Transaction

Prepared fresh produce firm Greenyard has announced that it has signed a lease-and-lease-back agreement for the facility of the Greenyard Prepared division...

Unilever To Cut 1,500 Management Jobs As Part Of Restructuring Plan

Unilever said on Tuesday that it plans to cut about 1,500 roles across senior and junior management as part of a global restructuring plan aimed at streaml...

Illycaffè Opens Up To Non-Family Investor, Eyes IPO In Coming Years

Italy's illycaffè marked a new step in its strategy to go beyond a family-owned business model by letting an external investor in for the first time...

Pernod Ricard In Regular, ‘Courteous’ Talks With Investor Elliott

Drinks group Pernod Ricard is having regular and "courteous" talks with activist investor Elliott, although it is not necessarily meeting Elliott...

Illycaffè Open To New Investors But Family Will Keep Control: CEO

Premium coffee maker Illycaffè may bring new investors on board in the medium term, but the founding family wants to keep control of the business, C...

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P&G Faces Uphill Fight With Peltz After Proxy Firms Back Him

Nestlé Targeted By Hedge Fund’s Biggest-Ever Bet

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