Activist investor takes Clariant stake above 20 percent: source

ZURICH (Reuters) - Activist investors seeking to block specialty chemical maker Clariant's $20 billion merger with Huntsman Corp have boosted their stake in the Swiss group above 20 percent, triggering an official disclosure filing, a source familiar with the matter said.

The White Tale consortium has repeatedly declined to respond to Reuters enquiries about its plans. The activists had told a Swiss newspaper this month they had "significantly more" than 15 percent of Clariant shares and wanted to increase their stake.

(Reporting by Oliver Hirt, Editing by Michael Shields)

You May Also Be Interested In

• Exxon Said To Study Takeover Targets Including Woodside Energy - Bloomberg
• Independent Bank receives regulatory approval for HCB Financial acquisition
• LIXTE Biotechnology to acquire NOMAD Transportable Power Systems