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Dutch Court Ruling a Significant Victory for Clariant -- Market Talk

Dutch Court Ruling a Significant Victory for Clariant -- Market Talk

Dow JonesDow Jones2026/07/30 09:29

0928 GMT - The Amsterdam District Court's ruling against Shell in its claim against Clariant is a significant victory for the Swiss chemical company, Jefferies analysts Marcus Dunford-Castro and Helena Xu write. The court dismissed a damage claim brought by Shell against the group and three other defendants related to alleged competition law infringement. "We see today's ruling as supportive for sentiment and from a precedent perspective," they say. Jefferies has an underperform rating on the stock and a 6.00 Swiss Franc target price. Clariant shares are up 17% at 9.01 Swiss Francs. (ian.walker@wsj.com)

(END) Dow Jones Newswires

July 30, 2026 05:29 ET (09:29 GMT)

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