LG Chem Shares Jump as Palliser Discloses Stake, Urges Changes

Bloomberg TechnologyWednesday, October 22, 2025 at 12:50:32 AM
PositiveTechnology
LG Chem Shares Jump as Palliser Discloses Stake, Urges Changes
LG Chem's shares have soared to their highest level in over a year following the announcement that UK-based activist fund Palliser Capital has acquired a stake in the company. This move is significant as Palliser is advocating for changes, including a potential board shakeup, which could lead to improved governance and performance for LG Chem. Investors are optimistic about the potential for positive changes that could enhance the company's future prospects.
— Curated by the World Pulse Now AI Editorial System

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