...criticize companies’ management teams. He has mellowed somewhat in recent years: a high-profile investment in Nestle SA since 2017 has been relatively cordial. Still, he can turn combative when he deems it necessary, as ...

...onsumers switch to niche brands and forgo mainstream labels. Nestle, under pressure from activist shareholder Dan Loeb to boost returns, also forecast 700 million francs of restructuring costs this year amid the shake-up...

...lled on shareholders to replace Campbell Soup's board of directors. And in July, he called for the food group Nestle to divide into three units, spin-off non-core businesses, and appoint an outsider with food and beverag...

Nestl SA's chairman is facing mounting opposition from some shareholders who say the former chief executive isn't helping his successor's efforts to reinvigorate growth at the world's largest packaged-foods maker. The maker of Nescafe coffee and Purina pet food has been under pressure since activist investor Daniel Loeb's Third Point LLC disclosed a $3.5 billion stake in the company last year and called for ...

...d Apax Partners, they said. Representatives for Nestle, Credit Suisse, J&J, KKR and Apax declined to comment. Nestle, which owns brands from Nespresso coffee to Purina pet food, is weighing selling the dermatological ope...

... Campbell Soup is rallying Thursday, up almost 2%, after Third Point, the hedge fund owned by the billionaire Dan Loeb, called on shareholders to replace the company's board of directors. "One of America's most iconic br...

...ar. The business was built out of a joint venture called Galderma that Nestle formed with L’Oreal SA in 1981. Nestle paid L’Oreal more than $3 billion to buy the business out in 2014 and in the following months paid a fu...

...an "opportunistic" stake, given how far the shares have fallen. He notes that Third Point built a 3% stake in Nestle (NSRGY) in June of last year, and that Loeb called for “urgency” over “incrementalism" as he urged the ...

...ted first-half sales growth that beat analysts expectations... Now that's how to answer an activist investor. Nestle SA, under pressure from Dan Loeb's Third Point, on Thursday reported first-half sales growth that beat ...

.... NEW YORK: One year after buying a stake in Nestle SA and watching his holding lose value, activist investor Dan Loeb is running out of patience. Loeb fired off a 34-page presentation over the weekend, demanding a far m...

...cent Friday, also buoyed faster-than-expected sales growth. Activist shareholder Dan Loeb has been pressuring Nestle to sell the stake. Nestle CEO Mark Schneider told Bloomberg TV last year that the holding is “highly st...

...t believes more is needed. A representative for Nestl wasn't immediately able to comment... Activist investor Dan Loeb's Third Point LLC is keeping pressure on Nestlé SA, saying the giant consumer company needs to do mor...

...LONDON Activist investor Dan Loeb is keeping up pressure on Nestle ( NESN.S ) by sharing views with the company as part of a regular dialogue, a source familiar with the matter told Reuters... ...