• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Glass Lewis recommends Air Products investors back all of Mantle Ridge’s board candidates

by January 10, 2025
written by January 10, 2025

NEW YORK (Reuters) -Proxy advisory firm Glass Lewis (JO:LEWJ) on Thursday recommended that Air Products and Chemicals (NYSE:APD) investors elect all four of activist investor Mantle Ridge’s board candidates.

Mantle Ridge is asking shareholders in the industrial gases company to elect its nominees, including the hedge fund’s founder Paul Hilal, to the nine-member board to help improve operations and ultimately find a new chief executive.

Glass Lewis wrote that Mantle Ridge “advanced a highly credible slate of candidates who appear well suited to the challenge at hand.”

The company said it “strongly disagree(s) with Glass Lewis’ sloppily compiled view,” noting that Mantle Ridge’s nominees would create a “destabilizing amount of change” while also removing “relevant expertise” from the board.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
BlackRock quits climate group as Wall Street lowers environmental profile
next post
Trump, broader growth in focus as US companies prepare Q4 reports

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Global shares could see muted returns in 2024 before rally continues mid-25: Citi
    • World Bank says 26 poorest countries in worst financial shape since 2006

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy