GlaxoSmithKline and Unilever set to hand out combined £8bn in dividends
GSK boss Emma Walmsley will pay out £4billion to shareholders, while Unilever chief Alan Jope is expected to unveil a £3.7billion payout.
Stay updated with breaking news from Bert Flossbach. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
GSK boss Emma Walmsley will pay out £4billion to shareholders, while Unilever chief Alan Jope is expected to unveil a £3.7billion payout.
The company said on Tuesday that it plans to cut roles across senior and junior management as part of a global restructuring plan.
Trian Partners, run by billionaire Nelson Peltz, has reportedly built up a position in the consumer goods giant, which makes Dove soap.
Trian Partners, run by billionaire Nelson Peltz, has reportedly built up a position in the consumer goods giant, which makes Dove soap.
Bert Flossbach urged chief executive Alan Jope to stick to improving performance rather than chasing costly deals.