Activist Investors Demand Board Seats, Changes at Clariant - News Summed Up

Activist Investors Demand Board Seats, Changes at Clariant


ZURICH—The activist investors who helped scuttle a proposed merger between Clariant AG and U.S.-based Huntsman Corp. said Monday they would seek three seats on the Swiss chemical company’s board and press for more changes including the sale of its plastics and coatings business. “The work is just beginning,” said a statement by White Tale Holdings. “We have been both consistent and clear on what we believe is next for Clariant, and we will now both seek Board representation and continue to proactively engage with other shareholders...


Source: Wall Street Journal October 30, 2017 09:01 UTC



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