KBR, based in Houston, has a market value of over $7 billion. Irenic has accumulated a more than 1% stake in the company and plans to push management to spin off or sell its sustainable technology solutions segment, the people said.
This story is from the December 20, 2024 edition of The Wall Street Journal.
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This story is from the December 20, 2024 edition of The Wall Street Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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