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FERG.LN
A Plumbing Giant Is Breaking Up. Here’s What That Means for U.S. Investors.
Text size Photograph by Samuel Sianipar Plumbing and heating firm Ferguson has been undervalued due to poor performance at its British business, but a new activist shareholder and a plan to separate operations could boost the stock. The United Kingdom–listed firm (ticker: FERG.UK) generates 90% of its sales in the U.S. In June, activist Nelson …