Avantor (AVTR) issued a statement in response to the letter issued by Engine Capital. The company said, “The Board of Directors is actively engaged in overseeing the setting and execution of the Company’s strategy and is committed to always acting in the best interests of the Company and its shareholders. As such, we regularly review the Company’s strategic priorities with an eye towards driving growth, expanding margins, and creating sustained shareholder value…We are confident in our ability to accelerate execution of our value creation initiatives under the leadership of Emmanuel Ligner, who will assume the role of Chief Executive Officer on August 18, 2025. We look forward to an ongoing dialogue with all our shareholders, including Engine Capital.” Goldman Sachs and Gordon Dyal are serving as Avantor’s financial advisors.
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