Magnum shareholders accuse Co. of corporate governance failures over Ben & Jerry's (ULVR LN) brand, according to reports; says Ben & Jerry's Independent board agreement is being "systematically disregarded"
The allegations from Magnum shareholders regarding governance failures could signal deeper issues within Unilever's management practices, particularly relating to their handling of the Ben & Jerry's brand.
Polish Interest Rate Decision (May) 3.75% vs. Exp. 3.75% (Prev. 3.75%)
US BROKER MOVES: GFS upgraded at Susquehanna; MNST upgraded at Rothschild & Redburn
Magnum shareholders accuse Co. of corporate governance failures over Ben & Jerry's (ULVR LN) brand, according to reports; says Ben & Jerry's Independent board agreement is being "systematically disregarded"
US Treasury weighs adding stock to Trump accounts, via NYT dealbook
What US media outlets are publishing about the details of the negotiations does not reflect the reality of what is happening, according to Al Araby citing Iranian Sources
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Shareholders led by NorthStar asset management seek greater financial transparency over the brand, detail of litigation risks.
- Magnum 'disagrees' with points raised by NorthStar, open to engage with shareholders.
This scrutiny may influence investor sentiment and could lead to increased pressure on Unilever to enhance transparency and align its decision-making processes with shareholder expectations, potentially affecting its stock performance if left unaddressed.
Related headlines
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal1 hour ago
- L'Oreal (OR FP) CFO says fragrances are still growing double-digit and twice as fast as the market20 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 13 hours ago
- European Movers: Airbus (AIR FP) -1.3%, LVMH (MC FP) -1.3%, Orsted (ORSTED DC) -1.6%, Inditex (ITX SM) -3%, Burberry (BRBY LN) -3%3 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results4 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 20264 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent48 min ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates7 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)8 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20309 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging10 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks10 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs12 hours ago
- Newsquawk Daily Asia-Pac Opening News - 9th September 202612 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies13 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective19 hours ago
- Russia's Kremlin says US President Trump and Russian President Putin spoke on the phone; conversation was open and constructive and lasted one hour.19 hours ago
- Newsquawk European Market Wrap - 8th September 202620 hours ago
- US EQUITY OPEN: US indices open in the red amid downbeat risk tone after Labor Day holiday20 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes3 hours ago
The whole workspace, free to try.
Try it free