The report cites unnamed people familiar with the situation as confirming that the New York-based hedge fund has held discussions with Air Liquide in recent weeks after establishing its stake. The size of Elliott’s investment and the specific changes it may seek from management have not been disclosed.
With a market capitalisation of about €108bn, Air Liquide would represent Elliott’s most prominent target on the Euronext exchange. The hedge fund previously campaigned for changes at Pernod Rica...
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