Nelson Peltz versus Disney
Description
India’s Adani Group has published an angry rebuttal of allegations of wrongdoing by short seller Hindenburg Research that wiped more than $50bn from its value last week, central banks prepare to lift interest rates to 15-year highs as investors’ jitters grow, and Walt Disney is bracing for a proxy battle with activist investor Nelson Peltz’s push for a board seat.
Mentioned in this podcast:
Adani rebuttal of short seller critique claims ‘calculated attack on India’
Central banks prepare to lift interest rates to 15-year highs as investors’ jitters grow
Peltz fixates on $71bn Fox deal in fight against Disney and Iger
CNBC: Nelson Peltz lays out his case for Disney proxy fight, slams Fox acquisition
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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United States
The moment a company or a person, no matter where they come from, interpret the allegations against them as attack on their nation, we should be very suspicious about them. They bring their nationality to the table to hide something for sure