UK's Bunzl gains after report says activist Elliott builds stake

Bunzl Public

15/06/2026 08:04

** Shares of supplies distributor Bunzl BNZL.L up 2.8% at 2,610p
** Activist investor Elliott takes almost 5% stake in Bunzl, Bloomberg reports
** Elliott urges co to repurchase shares of up to 10% of market cap and conduct strategic review of North American business
** Elliott and Bunzl did not immediately respond to Reuters' request for comment on the report
** In 2026, stock has gained about 25.7%

 (Reporting by Judes Joseph in Bengaluru)
 ((judes.joseph@thomsonreuters.com;))