1. Trian Takes $3.5bn Stake in P&G

    Trian Takes $3.5bn Stake in P&G

    Trian Fund Management has disclosed that it bought a $3.5bn stake in Procter & Gamble, maker of Gillette razors and Crest toothpaste.

    The move makes Trian the second activist shareholder to become involved in the consumer products giant in the last five years, and it is now the largest stakeholder in P&G by some margin...

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