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Activist Elliott built position in Air Liquide, pushes for changes, sources say

Activist Elliott built position in Air Liquide, pushes for changes, sources say

- Activist investor Elliott Investment Management has built a stake in Air Liquide AIRP.PA and is urging the French multinational company to improve its margins, sources familiar with the matter told Reuters.

Elliott has been engaging with the company for months and is urging management to make improvements to better compete with rivals in the industrial gases sector, the sources said.

Elliott and the company did not immediately respond to a request for comment.



(Reporting by Svea Herbst-Bayliss; Editing by Chris Reese)

((svea.herbst@thomsonreuters.com; +617 233 2138; Reuters Messaging: svea.herbst.thomsonreuters.com@reuters.net))

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