amp become major shareholder

Article in AFR wrote last week that there was currently no confidence in the management with regard to the restructuring. The jury was still out. But AMP have become a major shareholder after issuing the interim results.

imho companies need momentum, cutting costs / killing off minor brands / reducing marketing spend is if fine in the short-run, these are all inward looking moves. I would prefer if PBG were also trying to expand into new markets and investing in their brands. TFP