Air Products and Chemicals, Inc.
APD
position
long
Bill Ackman
Thesis
Ackman notes that Air Products was brought to them by a shareholder of Canadian Pacific, suggesting a belief in the company's potential for improvement and value creation through their involvement.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time frame since the pitch, it's difficult to assess whether the thesis has played out. The mention of shareholder belief suggests potential, but without further developments or outcomes, the situation remains unclear.
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