Recent stories

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  Elliott kicks China’s EDP bid when it’s down

  The activist investor objected to China Three Gorges’ offer for the Portuguese utility. The deal was struggling, and Elliott’s plan, to invest in renewables, isn’t controversial. But the Chinese group’s large shareholding could still be a problem for Paul Singer’s fund.

  14 February 2019
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  Nestlé delivers just enough to fend off Dan Loeb

  The Swiss consumer giant’s 2018 results show the Kit Kat maker is on track to meet its modest operating margin goal. That is the minimum to keep activist Third Point at bay. Speeding up disposals and aiming for more ambitious targets would be bolder – and achievable.

  14 February 2019
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  Heineken sets premium bar high for rival AB InBev

  The world’s two mega-brewers are aggressively wooing customers to pay up for higher-quality, and craftier, suds. The Dutch brewer’s full-year results suggest it’s managing the shift well despite - or perhaps because of - the increased heft of its $129 bln competitor.

  13 February 2019

• Smith & Nephew $3 bln spinal deal is a backbreaker

  11 February 2019

• L’Oréal can save up to buy out Nestlé

  7 February 2019

• Pernod Ricard half answers Elliott critique

  7 February 2019

• Asian drinkers justify Carlsberg’s premium price

  6 February 2019

• Elliott’s Pernod overhaul can start with wine

  6 February 2019

• BP beats Rosneft in valuation, not operations

  5 February 2019

• New Unilever CEO tripped by emerging market glitch

  31 January 2019

• More by Dasha Afanasieva