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Stock Market & Financial Investment News

News Breaks
November 12, 2012
08:05 EDTCHMTChemtura to sell Antioxidant and UV Stabilizers buiness for $200M to SK Capital
Chemtura announced it has entered into an asset purchase agreement to sell its Antioxidant and UV Stabilizers business, including dedicated manufacturing plants in the U.S, France, and Germany, to an affiliate of SK Capital Partners, for $200M and the assumption of certain liabilities. The purchase price is subject to a post-closing net working capital adjustment. The transaction is subject to customary closing conditions. Proceeds from the sale will be used for repayment of debt and investment in Chemtura’s continued growth. The transaction is expected to close by the end of 2012 or in early 2013.
News For CHMT From The Last 14 Days
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March 4, 2015
17:11 EDTCHMTGabelli raises stake in Chemtura to 13.2% from 12.19%
March 2, 2015
10:00 EDTCHMTOn The Fly: Analyst Initiation Summary
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06:05 EDTCHMTChemtura initiated with an Outperform at RW Baird
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February 27, 2015
09:30 EDTCHMTMerger most likely outcome for Chemtura, says SunTrust
After Chemtura's CEO said he wants to sell assets or carry out a merger, SunTrust thinks a merger is the most likely outcome. It raised its price target on the name to $32 from $27 and keeps a Buy rating.
February 25, 2015
16:42 EDTCHMTChemtura reports Q4 adjusted EPS 10c, consensus 7c
Reports Q4 revenue $467M, consensus $468.17M.

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