date:Dec 14, 2012
Nelson Peltz, the head of Trian Partners, said the maker of Activia and Shape yogurts, Evian and Volvic water, and CowGate baby foods needed to slash costs and return funds to shareholders.
Peltz who now has a 1% stake in Danone has previously forced himself and his associates on to the board at Heinz pushing the firm to increase advertising and introduce healthier products.
He has also sought to profit from splits and sell-offs, often wielding significant influence with relatively small stake