Focus On Core BusinessAPD announced it completed the sale of its LNG process technology & equipment business to Honeywell for $1.81B, enabling focus on its core industrial gas business and clean hydrogen.
Investor SentimentThe involvement of activists likely sets a valuation floor, boosting investor sentiment.
Strategic ChangesThe appointment of Dennis Reilley as Executive Chairman and Eduardo Menezes as CEO of APD could leverage their extensive industry experience to drive the company's growth.