The corporate battle at Heinz
Johnson looks to win over Wall St
Heinz is stressing that the battle over its future between the board and Nelson Peltz’s Trian Group is not about…
US: Heinz sales up, earnings down
HJ Heinz Company has posted a sales increase of 6.7% to US$8.6bn for the 2006 financial year but EPS from…
US: Heinz to cut 8% of workforce in next two years
Under-fire from shareholders who want to see higher returns, HJ Heinz Company will cut 2,700 jobs and close 15 production plants to make US$355m in…
US: Heinz rejects Peltz plan
The board of directors of HJ Heinz Company has unanimously rejected the demand by a group of dissident shareholders for…
US: Heinz rebuffs shareholder criticism
Heinz has reiterated its commitment to returning value to shareholders in response to the proposal submitted by the group of…
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US: Heinz to unveil plan to increase shareholder returns
In the hope of placating activist shareholders, US food group Heinz is planning to unveil details of its business plan…