Greenlight's Einhorn recommends Germany's Lanxess at Sohn Conference

1 month ago 5
Lanxess arena Germany´s largest indoor arena

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  • David Einhorn, president of Greenlight Capital, recommended buying shares of German chemical company Lanxess (OTCPK:LNXSF). 
  • He made the recommendation at the Sohn Investment Conference for charity in New York. 
  • He said the company, which Greenlight had owned in the past decade before selling it, is undervalued. Greenlight this year re-entered a position in Lanxess.

--reported by Rob Williams in New York.

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