Friday 26 April 2024
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Nestlé plans huge share buyback after activist launches assault

ZURICH – Nestlé SA said Tuesday it plans to buy back up to CHF20 billion worth of shares over three years, days after U.S. activist shareholder Third Point LLC began a campaign to boost performance at the company. The New York-based hedge fund, controlled by billionaire investor Daniel Loeb, disclosed ...

AUTOGRILL – Shareholders’ Meeting: 2013 financial statements approved

MILAN, Italy – Meeting in an ordinary session under the chairmanship of Gilberto Benetton, the shareholders’ of Autogrill S.p.A. (Milan: AGL IM) examined and...

CANADA – Tim Hortons Inc. announces election of directors

OAKVILLE, ON – Tim Hortons Inc. announced on May 14 the results of the vote on the election of directors at its Annual and...

ASIA – DTS8 Coffee appoints new chairman

SHANGHAI, People's Republic of China – DTS8 Coffee Company, Ltd. announced yesterday the appointment of Alexander Liang as the new chairman of its Board...

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