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Market Chatter: LKQ Urged by Ananym Capital to Exit Europe, Focus on North America
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Market Chatter: LKQ Urged by Ananym Capital to Exit Europe, Focus on North America
Oct 20, 2025 10:32 AM

01:07 PM EDT, 10/20/2025 (MT Newswires) -- LKQ (LKQ) is being pressed by activist hedge fund Ananym Capital to sell or spin off its European operations and concentrate on its North American business, Reuters reported Monday, citing two people familiar with the situation.

Ananym had been holding talks with the Chicago-based auto-parts supplier and stepped up its campaign after the company's Q2 results missed estimates, the report said.

LKQ and Ananym Capital didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 29.97, Change: -0.07, Percent Change: -0.23

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