Palliser Capital Takes 1-2% Stake in British Autotrader Group: Report
Activist Investor's Stake Acquisition in Autotrader Group
Details of the Stake Purchase
May 7 (Reuters) - Activist investor Palliser Capital has built a stake of between 1% and 2% in British automotive marketplace Autotrader Group, Sky News reported on Thursday, citing sources.
Market Reaction and Verification
Impact on Autotrader Shares
Reuters could not independently verify the report, which sent shares of Autotrader sharply higher. The company and Palliser did not immediately respond to requests for comment.
Reporting and Editorial Credits
(Reporting by Prerna Bedi in Bengaluru; Editing by Mrigank Dhaniwala)



