High stakes clash for nutrition company Herbalife

Herbalife shares rose yesterday after billionaire Carl Icahn bought more than 2.3m shares in the nutrition company.

High stakes clash for nutrition company Herbalife
Tue, 30 Aug, 2016 - 01:00

Herbalife is also the high-profile target of fellow billionaire activist investor Bill Ackman.

The stock advanced up to 3.5% after falling last week when Mr Ackman said Mr Icahn was looking to sell his stake, not increase it.

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