Activist Palliser builds stake in UK's Autotrader, Sky News reports
07/05/2026 09:27
May 7 (Reuters) - Activist investor Palliser Capital has built a stake of between 1% and 2% in British automotive marketplace Autotrader Group AUTOA.L, Sky News reported on Thursday, citing sources. Reuters could not independently verify the report, which sent shares of Autotrader sharply higher. The company and Palliser did not immediately respond to requests for comment. (Reporting by Prerna Bedi in Bengaluru; Editing by Mrigank Dhaniwala) ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))