Trian Partners, Nelson Peltz’s activist hedge fund, has built a stake in Unilever , ratcheting up the pressure on the consumer goods maker, the Financial Times reported on Sunday, citing people with direct knowledge of the matter.
Some analysts have said the proposed mega-deal, which would have been one of the largest ever on the London market, had been unexpected and raised questions about Unilever's plan under Chief Executive Alan Jope for a more gradual shift away from
lower-margin goods to health, beauty and hygiene products.Reporting by Vishal Vivek in Bengaluru Editing by Gareth Jones and Susan FentonSubscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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