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Clariant's activist investor White Tale still wants strategic review
November 28, 2017 / 5:56 AM / 17 days ago

Clariant's activist investor White Tale still wants strategic review

ZURICH, Nov 28 (Reuters) - Clariant’s largest investor White Tale said on Tuesday it was disappointed by the specialty chemicals maker’s recent rejection of its request for an independent strategic review and said it would bring these matters to shareholders directly.

“White Tale has been consistent in both private conversations and in our public statements about the need for a thorough, independent review of all strategic alternatives,” said activist investor White Tale, adding that it currently holds more than 20 percent in Clariant. (Reporting by Silke Koltrowitz; Editing by Tom Hogue)

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