Tag Archives: Daniel Loeb

Activist investor demands split-up of Nestle SA

An activist investor of Nestle SA, Daniel Loeb has urged the food and beverage giant to split-up into three parts to become bolder about restructuring and take advantage of opportunities.

“This is a call for urgency – rather than incrementalism – to capitalize on fleeting opportunities and innovations that competitors will capture if Nestle does not energize itself,” Loeb who runs Third Point Hedge Fund, wrote in a letter to Nestlé’s board.