The Traderszone Network

Published in TZ Latest News 13 April, 2017 by The TZ Newswire Staff

Unilever Gives Internal Activism a Shot

Last week Unilever plc (NYSE: UL) released its plan for proceeding with life after spurning The Kraft Heinz Company‘s (NASDAQ: KHC) $143 billion takeover bid in mid-February. While there aren’t many other companies with the heft of Kraft Heinz that could give Unilever a similar scare, an activist shareholder group acquiring just a few percentage points of ownership could still make life unpleasant for the company. Thus, Unilever’s out to shake things up from the inside.

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