Workflow
Activist investor Jana Partners takes stake in medical device maker Cooper Companies, WSJ says
The Cooper CompaniesThe Cooper Companies(US:COO) CNBCยท2025-10-20 12:56

Activist investor Jana Partners has taken a stake in medical device maker Cooper Companies and will push the firm to explore strategic options, the Wall Street Journal reported Monday.The hedge fund, founded by Barry Rosenstein and known for pressuring companies to make changes that enhance shareholder value, also intends to urge Cooper to improve how it allocates capital in order to boost returns, said the Journal, which cited sources close to the matter.CNBC reached out to Jana Partners for comment and di ...