'Activist Mantle Ridge Has Over $1 Billion Stake In Air Products; Paul Hilal's Firm Plans To Push For Improvements To Industrial Gas Maker's Strategy' - WSJ
Portfolio Pulse from Benzinga Newsdesk
Activist investor Mantle Ridge has acquired a stake worth over $1 billion in Air Products and plans to push for strategic improvements at the industrial gas manufacturer.
October 04, 2024 | 8:10 pm
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Mantle Ridge, an activist investor, has acquired a significant stake in Air Products, valued at over $1 billion, and intends to advocate for strategic changes. This could lead to potential shifts in company strategy and operations.
The acquisition of a significant stake by an activist investor like Mantle Ridge often leads to strategic changes within a company. This can result in increased investor interest and potential stock price movements as the market anticipates these changes.
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