Investing.com - Financial Markets Worldwide

Becton Dickinson stock rises on activist stake report

Published 03/02/2025, 13:00
© Reuters.
BDX
-0.15%

Investing.com -- Shares of Becton Dickinson and Co (NYSE:BDX) climbed 3.3% following news that activist investor Starboard Value has acquired a stake in the medical technology company.

The Financial Times reported that Starboard is pushing for the sale of Becton Dickinson’s life sciences division, a move that appears to have resonated positively with investors during premarket trading.

The exact size of Starboard’s investment in Becton Dickinson has not been disclosed, as reported by the Financial Times. Both Starboard and Becton Dickinson have not commented on the matter in response to the FT’s request for statements.

This move by Starboard comes amid a broader trend of activist investors taking positions in companies to influence their strategic direction, often seeking to unlock shareholder value through changes in operations, asset sales, or other restructuring efforts.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.