IHS Chemical Week

People & Business :: Companies

Activist shareholder buys up Ashland stake, prompting asset sale rumors

10:30 AM MDT | April 15, 2013 | Vincent Valk

Jana Partners (New York), a hedge fund and activist shareholder, has purchased a 7.4% stake in Ashland and held discussions with company management regarding Ashland’s “business, corporate structure, capitalization, operations, strategy, and future plans,” according to a regulatory filing. Jana is a known activist shareholder, having agitated for the breakup of Agrium last fall.   While Jana has not publicly stated any proposals for Ashland, analysts say asset sales are likely. “We believe last week’s filing by a well-known...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa