Breakingviews - Peltz board seat bolsters Unilever’s M&A brand

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Breakingviews - Peltz board seat bolsters Unilever’s M&A brand
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Nelson Peltz has bulldozed his way onto the Unilever board, after his Trian Fund Management scooped up a 1.5% stake in the embattled consumer-goods company. Turning round the Dove soap maker will take time. Peltz’s new role brings more immediate benefits to Chief Executive Alan Jope.

Nelson Peltz founding partner of Trian Fund Management LP. speak at the WSJD Live conference in Laguna Beach, California October 25, 2016. REUTERS/Mike Blake/File Photoboard, after his Trian Fund Management scooped up a 1.5% stake in the embattled consumer-goods company. Turning round the Dove soap maker will take time. Peltz’s new role brings more immediate benefits to Chief Executive Alan Jope.

Jope has been having a miserable time of late. Unilever’s core business is growing slowly and its operating margins are

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