Wednesday, June 1, 2022

Activist on parent's board could give HUL a new growth lever

The stock of Unilever Plc surged 9% on the news of Nelson Peltz of Trian Fund Management, one of the largest shareholders of the global consumer major, being appointed as a non-executive director on the board as well as a member of the compensation committee.

from Economic Times https://ift.tt/i9Edze2

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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...