Jefferies said in a report this week that Trian’s investment is likely to be “materially positive” for the Unilever shares as the fund has proven over time to be “notably well-informed analysts of their portfolio companies and ‘constructivist’ in approach.”
The bank said that Trian is likely to push Unilever to make some quick brand disposals in the slow-growing foods business, or split the food and personal care divisions altogether, via a sale or a spin-off. Both moves — not to mention having an activist investor breathing down management’s back — would pile even more pressure on Unilever’s CEOAll of these changes will likely unfurl as Peltz gets ready to walk Nicola down the aisle in her Valentino wedding dress designed byThe wedding has been a long time coming. The couple revealed their engagement in 2020, and have been working on projects together in the meantime.