Dan Loeb

16 results

Nestlé chief executive Mark Schneider. Photograph: Denis Balibouse/Reuters

Nestlé has entered exclusive talks to sell its skincare business to a group led by EQT Partners for 10.2 billion Swiss francs (€9.02 billion) in what (...)

CRH CEO Albert Manifold. ‘CRH has been substantially restructured by the CEO over the past five years,’ says Davy.  Photograph: Nick Bradshaw

CRH shares jumped on Wednesday after Europe’s biggest activist investor said it has built up a stake in the building materials giant, prompting specul(...)

Campbell Soup has been struggling to rein in costs and attract young consumers to its namesake soups and Pepperidge Farm cookies. Photograph: Chris Helgren/Reuters

Campbell Soup said on Thursday it plans to sell its international and fresh refrigerated-foods units and left open the possibility of putting the whol(...)

L’Oreal said last week that it is ready to buy out Nestlé’s holding and has the resources to do it. Photograph: Guillaume Plisson/Bloomberg News

Nestlé opened the door to a possible sale of its L’Oréal stake in a move that would give chief executive Mark Schneider ammunition to sharpen the Swis(...)

Could L’Oreal be facing into an ownership change?

The death of heiress Liliane Bettencourt should force L’Oreal and its major shareholders to agree on the best ownership structure for the French cosme(...)

The Iseq in Dublin rose  1.6%  on modest trading volumes as steady performances from the index’s biggest shares kept it firmly in the black

European shares rose on Monday after geopolitical tension had sent them to their worst weekly losses of the year, with a softening currency buoying eu(...)

Nestlé says it will pursue growth strategy. Photograph: Reuters

Switzerland’s Nestlé has announced a share buyback programme worth up to 20 billion Swiss francs (€18.37bn), just days after US activist investor Dan (...)

A selection of Nestle products: The Swiss company’s shares closed the day up 4.3 per cent at 86.65 Swiss francs. Photograph: Bryan O’Brien

Shares in Swiss food group Nestle jumped to a record high after it gained its first activist investor in Dan Loeb’s hedge fund Third Point, which dema(...)

Sterling enjoyed a decent bounce last week, following better-than-expected economic data. Photograph: Chris Radburn/PA Wire

August tends to be a quiet month for markets and things are especially sleepy at the moment. The S&P 500 hasn’t moved up or down by 1 per cent on(...)

In 1994 Jerry Yang and David Filo, two graduate students at Stanford University, create a website called “Jerry and David’s guide to the world wide web”, cataloguing sites.

January 1994: In the early days on the internet - when no one knows what content is out there - Jerry Yang and David Filo, two graduate students at St(...)

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