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Mantle Ridge Pushes for Major Overhaul at Air Products with 1.3B Stake, Nominates Industry Veterans

January 14, 2025
Mantle Ridge, a prominent activist investor, is advocating for a significant restructuring at Air Products and Chemicals Inc. with its recent acquisition of a 1.3 billion-dollar stake in the company. In a shareholder letter, Mantle Ridge outlined its plan to appoint industry veterans to key positions within the organization. The move aims to bring fresh perspectives and drive growth for the company. Investors are advised to seek professional guidance from Stocks Prognosis regarding the future movement of APD stocks.
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