Icahn cuts stake in Cheniere Energy, says confident on management

[June 28, 2018]  (Reuters) - Activist investor Carl Icahn has reduced his stake in energy company Cheniere Energy Inc <LNG.A> to 9.5 percent, and said he was confident in the company's management and Chief Executive Officer Jack Fusco.

Icahn, still the biggest shareholder of the company, had disclosed a stake of 13.8 percent in Cheniere in December 2015. ((https://bit.ly/2lHu2Km)

(Reporting by Laharee Chatterjee in Bengaluru; Editing by Saumyadeb Chakrabarty)

[© 2018 Thomson Reuters. All rights reserved.]

Copyright 2018 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.