The Unilever might be a target for Nelson Peltz theory was first aired last summer but now it appears to be have become fact.
Indeed, hacks at the venerable Financial Times have dug a decent scoop today about Peltz building a stake after the botched £50 billion tilt GlaxoSmithKline's consumer division. Below is a link to the FT piece:..
Dominic O'Connell, a former boss during my time jobbing on The Sunday Times busines desk, appears to be suggesting something similar to Sky News's Ian "Kingy" King earlier in the week...
Well, it looks like Ian "Kingy" King is first out of the traps to highlight something little old Betaville had been ruminating on with an old City contact over a few glasses down the pub this evening.
In a piece today King, a former City editor of The Times and now business presenter at Sky News, argues Unilever may have accidently put itself in play after attempting to buy GlaxoSmithKline's consumer division for £50 billion. Below is the link:..
There is a big deal story breaking this Saturday morning from, er, The Sunday Times.
Oliver "Shahsy" Shah and Sabah Meddings have dug out a jumbo scoop about FTSE 100-listed Unilever launching a £50 billion takeover bid for GlaxoSmithKline's consumer division. Below is a link to their cracking tale:..
There was plenty to chew on in yesterday's British Sunday newspapers, including a fascinating set piece interview by Oliver "Shahsy" Shah of The Sunday Times with Paul Polman, the former chief executive of Unilever...
It's the final day of the year but the dealmaking goes on.
This time 3G - the giant private equity firm led by Brazilian billionaires - is buying a 75pc stake in Dutch window blinds maker Hunter Douglas from the Sonnenberg family for EURO 175 a share.
That means 3G - which a few years ago attempted to purchase Unilever alongside Warren Buffett - is buying Hunter Douglas at a 73pc premium...
Now analysts at Exane BNP Paribas are jumping on the 'Unilever is a target for an activist' theme.
Betaville's moles tell me the broker has just published a note suggesting the company split its developed markets business from its emerging markets business as this could generate 97pc of upside for the stock.
Yes, you read that correctly - 97pc!..
Rivals at The Times have dedicated a full two pages of their business section to speculate on which FTSE company will be the next target for an activist, such as Edward Bramson of Sherborne.
They touted the likes of Centrica, Unilever and Burberry as possible targets for a corporate agitator. Below is the link to the fill article if you have time to read it:..
It's been a while since Nelson Peltz, the American corporate raider, has had a crack at a London-listed company but now City scribblers are suggesting he may have set his sights on Unilever, the FTSE 100-listed consumer goods giant.
Well, that's according to Bryce Elder's excellent City Insider column in the venerable Financial Times. Below is the link to his piece, which appears to be based on Bernstein research...
Betaville hears The Conduit Club is set to re-open this summer.
Dubbed London's "wokest" private members club (Paul Polman, the former chief executive of FTSE 100-listed Unilever is said to be a member as is Carrie Symonds, Boris Johnson's partner) The Conduit Club shut when London-listed Metro Bank forced the £2650.00 a year invite only organisation into closure last October over an unpaid debt...