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Activist fund Trian takes a stake in Unilever, Fle Financial Times reports


ACTIVIST FUND TRIAN BECOMES CAPITAL OF UNILEVER, FLE FINANCIAL TIMES REPORTS

(Reuters) – Nelson Peltz’s activist hedge fund Trian Partners has taken a stake in Unilever, increasing pressure on the fast-moving consumer goods group, the Financial Times reported on Sunday.

The daily cites sources with direct knowledge of the subject, who however did not specify the size of the stake acquired by the hedge fund of 8.5 billion dollars, based in New York.

Both Trian and Unilever declined to comment on this information.

The strategy of Unilever – maker of brands such as Dove soap and Hellmann’s mayonnaise – has come under scrutiny since the group de facto backed out of its plan to buy out GlaxoSmithKline’s consumer healthcare arm on Wednesday, saying it would not take over. not his offer of 50 billion pounds (60 billion euros).

(Reportage Vishal Vivek in Bangalore, French version Benjamin Mallet)



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