Ashland Explores Sale After Takeover Interest From PE Firms and Activist Pressure
Ashland is exploring a potential sale after takeover interest from PE firms like Advent, Apollo & Carlyle, following activist pressure from Ancora.
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Ashland is exploring a potential sale after takeover interest from PE firms like Advent, Apollo & Carlyle, following activist pressure from Ancora.
Activist hedge fund Ancora has built a major stake in Ashland and is demanding the company sell itself. Proxy fight threatened if no progress by September.