Activist Mantle Ridge takes stake in Air Products
Air Products Stock Jumps as Activist Investor Pushes Strategy Shift
Air Products and Chemicals (APD) shares soared on Monday following reports that activist investor Mantle Ridge has acquired a stake worth more than $1 billion in the industrial gas provider and plans to push for improvements at the company.
Air Products surges amid reported activist stake, prompts several Street upgrades
Air Products (APD) stock rose 7.2% in premarket trading after activist investor Mantle Ridge acquired a $1 billion stake, pushing for leadership changes
Activist Mantle Ridge Has Over $1 Billion Stake in Air Products
Mantle Ridge, run by Paul Hilal, plans to push executives at the industrial gas manufacturer on succession planning for Chief Executive Seifi Ghasemi and for improvements to the company’s strategy and capital allocation,
Air Products & Chemicals jumps on Mantle Ridge's $1B stake: WSJ
Activist investor Mantle Ridge has taken up a $1 billion stake in Air Products & Chemicals (APD), according to the Wall Street Journal. Market Domination's Julie Hyman and Josh Lipton cover APD's stock price jump on this news.
Air Products stock surges following report of firm's $1 billion-plus stake
LOWER MACUNGIE TWP., Pa.- Shares of Air Products (NYSE: APD) were surging at midday Monday, following reports that Mantle Ridge has built a more than $1 billion stake in the industrial gas company.
Air Products gains after report activist Mantle Ridge has $1B stake
Activist investor Mantle Ridge's $1 billion stake in Air Products (APD) drives stock up 2.7% in after hours trading.
One Billion Stake By Mantle Ridge For The Betterment of Air Products
Market welcomes Mantle Ridge's effort in making betterment by appreciating the shares of APD. Mantle Ridge has a history of influencing companies to make positive changes, they have an experienced team with deep knowledge of corporate governance, fundamental analysis and industry trends.
Air Products Stock Rises After WSJ Report on Mantle Ridge Investment
Shares of industrial gas manufacturer Air Products rose about 5% in postmarket trading after the Wall Street Journal reported that activist investor Mantle Ridge had built a stake worth more than $1 billion in the company.
Activist Mantle Ridge takes stake in Air Products, to push for changes
Mantle Ridge built a position in Air Products and Chemicals and wants the industrial gas manufacturer to cut costs, focus on its core businesses and pave the path for a new leader, people familiar with the matter said on Friday.
Activist Investor Mantle Ridge Holds Over $1 Bln Stake In Air Products, Aiming For Improvement
Activist investor Mantle Ridge held a stake of over $1 billion in Air Products and Chemicals Inc. (APD) and plans to advocate for
Activist firm Mantle Ridge has $1 billion-plus stake in Air Products
Air Products shares are badly underperforming the S&P 500 for a second straight year, and the company has suffered from leadership upheaval.
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Buy Rating on Air Products and Chemicals (APD) Amid Activist Involvement and Leadership Optimizations
In a report released today, Patrick Cunningham, CFA from Citi reiterated a Buy rating on Air Products and Chemicals (APD – Research ...