William Ackman

Ackman says he has evidence Herbalife is breaking law in China

Herbalife denies it has infringed Chinese laws. Photo: Edward Wong

US investor William Ackman has renewed his attack on Herbalife, saying he has evidence showing the nutrition and weight loss company is breaking direct-selling laws in China, its fastest-growing market.

Thursday, 13 March, 2014, 12:52am

Icahn thanks rival Ackman for making him even richer

Carl Icahn offers an olive branch to former rivals. Photo: Reuters

Billionaire investor Carl Icahn, known for his strong-arm tactics in America’s boardrooms, tried to bury the hatchet on Wednesday with a host of former rivals, including fellow hedge fund manager William Ackman.

18 Jul 2013 - 1:07pm