Unilever is expected to face pressure to shake up its business model after it emerged the activist investor Nelson Peltz has built a stake in the troubled FTSE 100 company.
The consumer goods company, best known for Dove soap, Hellmann’s mayonnaise and Marmite, has been thrown into turmoil after a £50bn tilt at GlaxoSmithKline’s consumer healthcare division caused fury among its shareholders.