News about Nelson Peltz

Magnum maker Unilever faces investor unease over £6bn ice-cream spin-off plans

www.dailymail.co.uk, April 21, 2024
The consumer goods company faces discontent over plans to hive off the ice-cream division as some large investors may become forced sellers if it lists in Amsterdam. And US activist investor Nelson Peltz may not be appeased by the latest moves to reshape the company. This is despite the retreat from the doctrine of 'purpose' - City-speak for woke - announced on Friday.

Netflix smashes Wall Street expectations as crackdown on password sharing helps streaming giant to gain 9 MILLION new subscribers

www.dailymail.co.uk, April 18, 2024
Netflix announced its strongest start to the year since 2020 thanks to a crackdown on password sharing and the release of popular exclusive films and shows. The streaming platform reported on Thursday that it added 9.3 million subscribers over the first quarter it - more than twice the gains expected by Wall Street analysts. It said it had attracted new customers from all over the world, especially in the US and Canada.

In a tumultuous boardroom battle with activist investors, Disney King Bob Iger triumphs

www.dailymail.co.uk, April 3, 2024
Shareholders overwhelmingly elected all 12 of the company's candidates, including Iger (pictured) himself, in a big vote of confidence. Nelson Peltz, a late investor who holds a £2.7 billion interest in Disney via his company Trian Fund Management, came to an end when the crunch vote brought an epic power feud to an end.

According to ALEX BRUMMER, unwise dash by a national level: According to the Building Society, alienating its members because of the Virgin deal could alienate them

www.dailymail.co.uk, April 3, 2024
The work of Britain's Takeover Panel is lauded for its clarity. It establishes the rules for bids and contracts, but it avoids the court quagmire that is often seen in the United States. Nevertheless, a tight deadline for making a bid and concluding a contract favors the acquirer more than often, contributing to the ease with which international predators have acquired iconic companies.

The Disney King! In a pivotal vote, CEO Bob Iger defeats activist investor Nelson Peltz

www.dailymail.co.uk, April 3, 2024
During Disney's annual shareholder meeting on Wednesday, Bob Iger convincing shareholders to vote for his preferred board. It marks the end of one of the most costly boardroom fights in history, as well as a victory for Disney veteran and CEO Bob Iger, who has been fighting a hostile takeover for months. During the company's annual shareholder meeting on Wednesday afternoon, all 12 of Disney's chosen candidates were elected to the board by a'significant margin,' it was announced.

In a war against activist Nelson Peltz, Disney CEO Bob Iger prevails

www.dailymail.co.uk, April 3, 2024
At Disney's annual shareholder meeting on Wednesday, Bob Iger persuasively persuaded shareholders to vote for his preferred board.

The Disney King will be declared today: Key vote decides if movies stay 'woke' plus the future of Hulu, ESPN, Star Wars and Disneyland

www.dailymail.co.uk, April 3, 2024
On Wednesday afternoon, the Disney fight will come to an end. It could influence the movies it produces, the future of Disney+ and Hulu, and how much money can be invested into its sports streaming and amusement parks. Nelson Peltz, a billionaire activist investor, mounted one of the first proxy battles in history against the new Disney leadership, headed by Bob Iger, and votes will be counted today.

After billionaire said that the entertainment behemoth has lost its way, Disney has defeated activist investor Nelson Peltz's hostile takeover bid.'

www.dailymail.co.uk, April 3, 2024
According to news, Disney has obtained enough shareholder votes to overthrowrown activist investor Nelson Peltz's challenge to its board. According to Reuters, sufficient votes had been cast Tuesday night to place Disney's board directors safely ahead of their opponents. The findings are likely to be announced at the company's annual shareholder meeting on Wednesday. Peltz, Brooklyn Beckham's father-in-law, argued that Disney was slow to react to market shifts, including in streaming, and bungled succession planning.

Activist investors in Britain are wrangling, although they may not always achieve favorable results, but they can act as a catalyst for reform, according to Russell SUNDERLAND

www.dailymail.co.uk, March 31, 2024
The United Kingdom has been Europe's biggest threat. Activists have turned on the FTSE 100 boards from Glencore - where an Australian hedge fund is attempting to move its listing to Sydney - to betting company Entain. As activists look for their next prey, boards should consider what they can do to make their company less vulnerable. As Amanda Blanc, Aviva's chief executive, testifies that the best defense is to sail a good ship.

D-day in the fight for Disney's soul: If the House of Mouse has wokened, can a corporate raider backed by Elon Musk capture the keys to the Magic Kingdom?

www.dailymail.co.uk, March 31, 2024
At a shareholder meeting on Wednesday, a crunch vote that will determine the Disney company's fate is being held. Investors will determine whether or not to snatch the keys to the Magic Kingdom from Bob Iger and then hand them over to Nelson Peltz, America's most ardent investor. George Lucas, a film maker, and Walt Disney's family all support him. Elon Musk, the Tesla and Twitter/X billionaire who recently accused Disney of having a corporate 'Gestapo' that enforces woke laws on diversity, equality, and integration, is leading the parade of Peltz backers.

How to profit from 'bully billionaires': Mischievous activist investors can give shares a boost

www.dailymail.co.uk, March 29, 2024
Nelson Peltz and Paul Singer's arrival indicates that UK markets are undervalued, and that these activists may compel even more action. Peltz sees himself as a 'constructivist,' not an activist. At present, he is making his presence felt at Unilever, the Dove soap and Marmite company. Elliott Investment Management's founder, a more combative Singer, has acquired a 5 percent stake in Scottish Mortgage, the FTSE 100 tech trust in which private unlisted companies account for 30% of the portfolio.

As the long-running boardroom conflict heats, a leading activist investor sues Disney over its relationship with another shareholder

www.dailymail.co.uk, March 29, 2024
Blackwells Capital, a US hedge fund, has expressed reservations about whether fellow shareholder ValueAct was paid to take a pro-Disney role in a burgeoning debate among activists. It came following the media giant's decision in January to enter an 'information sharing' pact with ValueAct, which eventually secured funding for the company's leadership team. Blackwells has requested that "books and records" be used to determine whether wrongdoing, mismanagement, or breaches of fiduciary responsibility have occurred. The court struggle comes just days before Disney's annual meeting, in which shareholders will vote on the direction of the company.

Nelson Peltz, a billionaire, slams Disney for all-women and all-black Marvel casts, sparked a tense letter warning that "the harm this BULLY will do if he were allowed to vote."

www.dailymail.co.uk, March 27, 2024
As he seeks a seat on the company's board, activist investor Nelson Peltz has slammed Disney for its all-women casts, such as the 2019 Avengers: Endgame (right), and all-black casts, such as Black Panther (below right). Last week, Peltz told the Financial Times, 'People go to watch a movie or a show to be amused.' People want to be entertained whether it be a movie or a show, but not so much as get a message.' Peltz referred to Disney's latest films.

Elliott's Edinburgh raid must be closely watched, says ALEX BRUMMER

www.dailymail.co.uk, March 25, 2024
There's a lot not to like about activist investors. Not least the use of complicated financial instruments to compel listed companies to change, causing voting shareholders to be excluded. However, dissidents can be instrumental in protesting for reform and raising the share price. Unilever's presence, as an activist, is promoting real change.

Unilever food brands on chopping block: Could Marmite be next to be sold?

www.dailymail.co.uk, March 23, 2024
We know that apart from Hellmann's Mayonnaise and Knorr Soups, all other diet companies, including Bovril, Marmite, and the student staple Pot Noodle, may have gone. Building on key strengths is going to be vital in order to increase results and contend more with Nestle and Procter & Gamble, among others on the international map. Unilever has a huge advantage in emerging markets such as Latin America and South Asia, where consumers are hungry for Western brands that are trusted and respected by customers as prestige rather than luxury products. The ability to produce large quantities is the key to Unilever's future in such markets.

Nelson Peltz receives a lot of attention in Disney compared to a crunch vote next month

www.dailymail.co.uk, March 21, 2024
Peltz, 81, (pictured) is seeking two spots on the board of the media giant amid questions over the company's performance under veteran boss Bob Iger's tenure. However, Iger, 73, has received hefty support from his own, including Star Wars creator George Lucas, who said this week, 'No one knows Disney better.'

In a Disney power struggle, Star Wars director George Lucas supports Bob Iger

www.dailymail.co.uk, March 20, 2024
The work of Disney Chief Executive Bob Iger is facing criticism from activist investors, including billionaire Nelson Peltz, whose daughter Nicola is married to David and Victoria Beckham's eldest son Brooklyn. However, he has recruited some experienced backers to his team with Star Wars director George Lucas as the newest big name to support the Disney veteran.

Nelson Peltz, a billionaire investor, has canceled out of voting for Trump because the migrant crisis is 'degrading' America and Biden's'mental illness is very worrying.'

www.dailymail.co.uk, March 20, 2024
Peltz, 81, told the Financial Times that he was worried over the increasing number of immigrants into the country under President Joe Biden, calling it 'degrading.' President Biden, who is also an 81, has also spoken out against President Biden, who says that his new'mental disorder is really scary.' Criminal charges against Trump were also brought against him in multiple courtrooms, according to the investor, who founded Trian Partners, a'miscarriage of justice.'

As Unilever prepares to do the splits, Chimes rings for ice cream, according to ALEX BRUMMER

www.dailymail.co.uk, March 19, 2024
Hein Schumacher (pictured): Unilever's global top ice cream brands, including Wall's, Magnum, and Ben & Jerry's, are getting into a higher gear as a result. It's a brave move in that ice cream sales have outperformed many other of the consumer products giant's food categories in recent years, although a cluttered supply chain has a negative effect on profit margins.

The Unilever ice-cream float is up for auction in London for £15 billion: A radical shake-up for the consumer goods behemoth

www.dailymail.co.uk, March 19, 2024
Yesterday, the consumer products giant revealed a radical shake-up that would see it spin off the company in a move that is expected to cost 7,500 workers around the world. Investors who had been waiting to see what Hein Schumacher would do to revive Britain's fourth largest company were ecstatic at the demise of household names like Ben & Jerry's, Wall's, and Magnum.

After years of fighting with an independent board over Israel and Native American rows, Unilever would unload super woke Ben and Jerry's

www.dailymail.co.uk, March 19, 2024
Despite being a globally recognised brand, Ben & Jerry's, a worldwide brand known for many things, has caused political issues for Unilever in recent years as the company's independent board seeks to isolate segments of its customer base. Following the firm's announcement that the product sales in Israeli settlements in the West Bank, Unilever and the brand leapt into a court dispute in 2022.

Nelson Peltz, Disney's activist investor, was "disruptive and damaging" in a brutal three-minute video battle that failed to prevent billionaire father-in-law Brent Beckham's attempt from joining the board of directors

www.dailymail.co.uk, March 12, 2024
eltz, who is the father-in-law of Brooklyn Beckham, and his Trian Fund's campaign have joined together to seek two board seats. In a burgeoning proxy war, Disney struck out on Monday with a political-style video mocking the activist shareholder's motives and qualifications. Peltz has a long history of 'attacking businesses to the point of detriment' of shareholders, according to a YouTube video posted online.

Disney's live-action film boss steps down in shakeup after series of costly box office flops including The Little Mermaid, Mulan and Ant-Man

www.dailymail.co.uk, February 27, 2024
Sean Bailey will step down from his role as the current head of Disney-owned Searchlight pictures. The last two years have been full of high-profile duds, including a non-trivial number of films that broke the billion dollar gross mark. Both Jungle Cruise and Haunted Mansion, Disney's most popular rides, failed in domestic and international markets.

Turmoil in Trumpland: How snickering Barbies in Palm Beach's Gilded Age families find 'new money' in the midst of a tumultuous fight to remove 'invading Barbies from 'invading Barbies' who poach nannies and find top cosmetic surgeons

www.dailymail.co.uk, February 25, 2024
In glitzy Palm Beach, a contest between old and new money rages as long-serving residents complain that the new arrivals are changing the island's culture. During the first wave of COVID-19, newcomers arrived in from places like New York City in an effort to escape pandemic-era restrictions. Many people were charmed by Florida's notoriously low tax rate and the promise of scoring larger properties for comparably less money in comparison to the sandy shores and warm weather. However, with the arrival of fresh blood, there was unquestionable tension, with some long-time residents leaving the island altogether. According to Vanity Fair, 'the people are all paper thin, mentally.' My wife and I are planning a cultural and intellectual journey.'