One Billion Stake By Mantle Ridge For The Betterment of Air Products
Air Products and Chemicals(APD) Gurufocus·2024-10-07 15:18
Mantle Ridge hedge fund has recently stepped into the industrial gas space by purchasing $1 billion of Air Products (APD, Financial) shares. Mantle Ridge is known as an activist investor that actively involves not just sitting back and watching. It is reported that Mantle wants to help Air Products to do better by growing in a good way rather than just relying on external things like government rules or basic gas price fluctuation. Market welcomes Mantle Ridge's effort in making betterment by appreciating t ...