Activist Investor Palliser Capital Reportedly Builds 5% Stake in WH Smith By Investing.com

Activist investor Palliser Capital reportedly builds 5% stake in WH Smith By Investing.com

Activist fund Palliser builds stake in travel retailer WH Smith

Palliser Capital, which has targeted companies including Capricorn Energy and Rio Tinto, has built a near-5% stake in WH Smith weeks after it sold its historic high street arm, Sky News learns.

Activist Investor Starts Building Stake In WH Smith

Weeks after WH Smith sold off its struggling high street arm, a prominent activist investment firm has begun building a stake in the retailer, which is now focused on its stores in travel hubs. According to Sky News, Palliser Capital (more…) The post Activist Investor Starts Building Stake In WH Smith appeared first on KamCity.

This FTSE 250 dividend stock could rise nearly 100% in 3 years, says this activist fund

WH Smith (LSE: SMWH) is a dividend stock that hasn’t done much growing in recent years. In fact, it’s 58% lower than before the pandemic struck in early 2020! However, that hasn’t stopped activist investor Palliser Capital from building a near-5% stake in the FTSE 250 retailer. And according to a Sky News report, Palliser reckons there’s scope for the shares to nearly double over the next three years! What we know Established in 1792, WH Smith i…

Activist investor builds stake in WH Smith

Activist investor Palliser has reportedly acquired close to a 5% stake in WH Smith, worth about £65m at its current share price, according to reports from Sky News. Palliser is thought to hold WH Smith’s management team, led by chief executive Carl Cowling, in high regard with the move coming just weeks after the retailer sold off its historic retail business. Despite this, the investment fund believes that returns to WH Smith shareholders could…

Activist Fund Palliser Builds Stake In Travel Retailer WH Smith - Great Yorkshire Radio

Sky News has learnt that Palliser Capital has acquired close to 5% of the London-listed company in recent weeks – worth about £65m at the current share price. Sources said the stake was expected to be disclosed publicly at an industry conference on Thursday afternoon. Money latest: What shrinking economy means for chancellor Palliser, which recently led an effort to force Rio Tinto, the global mining group, to abandon its London listing in favou…