Unilever is the third-largest global consumer products company, with such brands as Lipton’s, Dove, Hellmann’s, Knorr, Magnum, and Ben & Jerry’s.
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Enter activist investor Nelson Peltz. His Trian Capital had taken a stake in 2018 in Procter & Gamble, another old established somewhat bureaucratic consumer group, and succeeded in improving its performance substantially. Trian revealed a 1.5% stake in Unilever in the first quarter and took a board seat in May. - Gavin Graham
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