Technology
Activist Palliser Urges Taiwan Firm WUS to Privatize, Lift Value
Key Points
Investing Activist Palliser Urges Taiwan Firm WUS to Privatize, Lift Value Activist hedge fund Palliser Capital is urging Taiwanese company WUS Printed Circuit Co. to enhance shareholder value, including through a potential privatization, according to documents viewed by Bloomberg News. UK-based Palliser has built a 4.3% stake in WUS Printed Circuit and says the firm is trading at a more than 70% discount to its net asset value, according to a June 1 letter sent to the company’s board from...
Investing
Activist Palliser Urges Taiwan Firm WUS to Privatize, Lift Value
Activist hedge fund Palliser Capital is urging Taiwanese company WUS Printed Circuit Co. to enhance shareholder value, including through a potential privatization, according to documents viewed by Bloomberg News.
UK-based Palliser has built a 4.3% stake in WUS Printed Circuit and says the firm is trading at a more than 70% discount to its net asset value, according to a June 1 letter sent to the company’s board from Palliser.