Top-10 Unilever Investor Backs Peltz to Bring Urgency
KONTAN.CO.ID - FRANKFURT. Germany's Flossbach von Storch, a top-10 shareholder in Unilever, is backing Nelson Peltz to bring urgency to the consumer goods giant, but doesn't expect major structural changes. It said on Thursday.
Billionaire activist investor Peltz will join Unilever's board in July, the company said on Tuesday, heaping pressure on the maker of Dove soap and Hellmann's mayonnaise as it reviews its strategy.
