- Bloomberg•23 hours ago
PAG Asia Capital's HK$6 a share offer will take some justifying.
The messy battle to control China's largest producer of industrial gases has turned into a serendipitous victory for minority investors that could encourage more shareholder activism in Asia. The decision by Yingde Gases Group's shareholders earlier in March to oust five directors ended a four-month battle for control of the $1.6 billion company's board in a clash over how to improve its finances and business. The increase in public activist campaigns also highlights how investors including Elliott Management Corp, BlackRock Inc and Hong Kong-based hedge fund Oasis Management are becoming more public as they try to rally other minority shareholders to boost returns from laggard stocks.
- The Wall Street Journal•4 days ago
Industrial gas maker Air Products & Chemicals Inc. backed away from its bid to buy China’s Yingde Gases Group Co.
APD : Summary for Air Products and Chemicals, Inc - Yahoo Finance
Air Products and Chemicals, Inc. (APD)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||133.63 - 136.21|
|52 Week Range||124.10 - 150.45|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||52.34|
|Dividend & Yield||3.80 (2.82%)|
|1y Target Est||N/A|