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Patrick Thomas

  • Johnson Matthey: US investor ramps up activist campaign

    Business

    Johnson Matthey’s largest shareholder has piled pressure on the FTSE 250 chemicals group, calling its response to a demanded strategic review “wholly insufficient”. In an open letter to Johnson Matthey chair Patrick Thomas, today, US industrials investor Standard Investments slammed the group’s “destruction of shareholder value” as part of its activist campaign. Last month, Standard [...]

    Johnson Matthey's largest shareholder has called for a strategic review into the business

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