HedgeCo.Net — Elliott Investment Management has built a stake in Paris-based Air Liquide and is urging the industrial-gases group to improve margins versus listed peers, people familiar with the matter told Reuters on Monday. MarketScreener carried the Reuters print. Semafor independently reported the same stake, the same margin campaign, and the same fact that the size of the position has not been disclosed.
Reuters put Air Liquide’s market value at roughly €108 billion and said the margin gap...
Continue Reading
Sign up for FREE to read the full article and access 170K+ alternative investment headlines.