Third Point

Third Point Takes Stake In Colgate-Palmolive, Urges Pet Food Spinoff

Daniel Loeb's Third Point has built a significant position in toothpaste maker Colgate-Palmolive Co and sees value in a potential spinoff of its Hill's Pet...

Campbell Soup Nears Deal With Third Point To End Board Challenge: Sources

Campbell Soup and Third Point LLC are close to settling a bitter proxy contest by adding two of the hedge fund's nominees to the U.S. food company's board...

Campbell Heirs To Vote For Own Board, Third Point Calls Move A 'Stunt'

Campbell Soup Co has that four key shareholders, all descendants of the company's former chairman John Dorrance, have formally aligned themselves against h...

Campbell Soup Slams Third Point's 'Aggressive And Short-Sighted Tactics' In Letter

Campbell Soup Company has written a letter to its shareholders in which it slams activist shareholder Third Point's 'aggressive and short-sighted tactics'...

Third Point Demands To See Campbell Soup Board Records

Activist investor Daniel Loeb's hedge fund Third Point LLC has demanded access to a trove of records from Campbell Soup Co, ranging from board meeting minu...

Nestlé To Examine Strategic Options For Skin Health Unit

Nestlé said on Thursday it was exploring strategic options for its skin health business, saying it believes the unit - once seen as a rising star -...

Third Point Prepares To Call For Campbell Soup Sale: Sources

Daniel Loeb's activist hedge fund Third Point LLC is in talks to partner with Campbell Soup Co shareholder George Strawbridge to call for a sale of the US...

Nestlé Expecting Better Second Half To Keep Third Point At Bay

Food giant Nestlé said it expects an improvement in sales and profitability in the second half of 2018 as it seeks to assuage activist shareholder T...