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    1. Thyssenkrupp Shareholder Criticises CEO, Demands Restructuring

      Thyssenkrupp Shareholder Criticises CEO, Demands Restructuring

      Thyssenkrupp shareholder criticises CEO, demands restructuring * Activist investor hits out ahead of AGM * Cevian controls 18 percent of German industrial group * CEO expected to defend record - Spiegel cites sources (Adds detail from Spiegel article) FRANKFURT, Jan 13 (Reuters) - A major shareholder in Thyssenkrupp has criticised Chief Executive Heinrich Hiesinger for failing to achieve his own profit targets, raising tensions before the German industry group's annual meeting next Friday...

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    2. Nestle Sells Off Tea Brands in North America

      Nestle Sells Off Tea Brands in North America

      (Reuters) - Nestle has sold its sold two of its tea brands in North America as the world's biggest food maker presses ahead with reshaping its business to focus on new consumer trends and healthcare. Private equity firm Fireman Capital Partners said on Monday it has linked up with Dunn's River Brands to buy the Sweet Leaf Tea and Tradewinds businesses from Nestle North America...

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      Mentions: Nestle
    3. Rent-A-Center Lays out Turnaround Plan, Defies Call for Sale

      Rent-A-Center Lays out Turnaround Plan, Defies Call for Sale

      Rent-A-Center lays out turnaround plan, defies call for sale * Activist investor Engaged Capital calls plan "high-risk" * Company plans to hike prices, boost e-commerce offerings * Expects 2018 EPS of $1.20-$1.40 vs. estimates of $0.99 * Shares up 6.5 pct, had gained 14 pct since calls for sale (Adds Engaged Capital's response, details; updates shares) Rent-to-own furniture retailer Rent-A-Center Inc said on Monday that it would not sell itself and instead outlined steps to improve profitability, choosing to move ahead with what activist investor Engaged Capital called a "high-risk path". The company said the steps, such as ...

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    4. U.S. Activist Elliott Urges Break-Up at Samsung Electronics

      U.S. Activist Elliott Urges Break-Up at Samsung Electronics

      Elliott's latest activist target is in the middle of a leadership succession and is under pressure after issuing a huge recall of all of its Galaxy Note 7 smartphones last month. The $27 billion hedge fund also called into question Samsung's corporate governance and said the family-run company should add three new independent directors to its board ...

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    1-18 of 18
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