Dan Loeb just placed his biggest bet ever on a chocolate company. The activist investor’s hedge fund Third Point LLC amassed a $3.5 billion stake in Nestle, the world’s largest packaged foods company, representing roughly 1.25 percent of the Swiss-based company’s shares. Loeb is hoping to reinvigorate the brand amid changing food tastes as well...
NYS Entity Status
NYS Filing Date
MARCH 28, 2013
NYS DOS ID#
190 EASTWOODS ROAD
POUND RIDGE, NEW YORK, 10576
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - MARLA A. DANS LLC
Around the Web
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By Carleton English - Monday Jun 26, 2017
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Sunday Jun 25, 2017
Billionaire activist investor Daniel Loeb’s Third Point LLC hedge fund has taken a $3.5 billion stake in Nestlé SA, piling pressure on the world’s largest packaged foods company to find ways to accelerate growth.
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