Business
Ancora Releases Presentation Highlighting the Opportunity for a Value-Maximizing, Competitive Sale Process at Ashland Inc.
CLEVELAND, June 09, 2026--Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora") today released a presentation (available here) detailing what it believes is a near-term opportunity to realize the intrinsic value of Ashland Inc. (NYSE: ASH) ("Ashland" or the "Company") through a sale of the Company. Ancora plans to engage in a constructive and open dialogue with Ashland to gauge the Board of Directors’ willingness to evaluate the Company’s standalone prospects versus a potential
About this update from Ashland Inc.
Believes Ashland’s High-Margin, Strategically Scarce Assets Are Being Undervalued by the Public Markets in the Face of Near-Term Growth and Execution Issues Urges Ashland’s Board to Conduct a Full Review of Strategic Alternatives, Including Evaluating Sale Options Following Apparent Interest from Standard Industries as Well as Other Strategic and Private Equity Buyers Releases Presentation Outlining How a Sale Could Yield ~$76 Per Share or More, Representing a More Than 33% Premium and Likely the Best Risk-Adjusted Path Forward CLEVELAND, June 09, 2026--(BUSINESS WIRE)--Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora") today released a presentation (available here) detailing what it believes is a near-term opportunity to realize the intrinsic value of Ashland Inc. (NYSE: ASH) ("Ashland" or the "Company") through a sale of the Company. Ancora plans to engage in a constructive and open dialogue with Ashland to gauge the Board of Directors’ willingness to evaluate the Company’s standalone prospects versus a potentially value-maximizing sale to one of the many logical strategic or private equity acquirers in the space. Highlights of the presentation include: About Ancora Founded in 2003, Ancora Holdings Group, LLC offers integrated investment advisory, wealth management, retirement plan services and insurance solutions to individuals and institutions across the United States. The firm is a long-term supporter of union labor and has a history of working with union groups and public pension plans to deliver long-term value. Ancora’s comprehensive service offering is complemented by a dedicated team that has the breadth of expertise and operational structure of a global institution, with the responsiveness and flexibility of a boutique firm. Ancora Alternatives is the alternative asset management division of Ancora Holdings Group, investing across three primary strategies: activism, multi-strategy and commodities. For more information about Ancora Alternatives, please visit www.ancoraalts.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260609836160/en/ Contacts Longacre Square Partners [email protected]