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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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April 17, 2014
15:07 EDTCHMTChemtura weakness a buying opportunity, says Gabelli
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09:00 EDTCHMTChemtura rises 4.4%
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08:14 EDTCHMTPlatform Specialty Products to host conference call
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07:09 EDTCHMTPlatform Specialty Products to acquire CAS from Chemtura for about $1B
Platform Specialty Products announced that it has entered into a definitive agreement to acquire Chemtura AgroSolutions, or CAS, from Chemtura Corporation (CHMT) for approximately $1B, consisting of $950M in cash, subject to working capital and other adjustments, plus 2M shares of Platform's common stock. The CAS transaction is expected to be funded through a combination of debt and cash on hand. The transaction, which is expected to close in the second half of 2014.
07:05 EDTCHMTPlatform Specialty Products to acquire CAS from Chemtura for about $1B
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06:35 EDTCHMTPlatform Specialty Products to buy Chemtura's agrochemicals unit, WSJ says
Platform Specialty Products (PAH) is expected to announce a deal today to buy Chemtura's (CHMT) agrochemicals business for around $1B, the Wall Street Journal reports, citing sources. The deal is expected to involve around $950M in cash and 2M Platform shares. Reference Link
April 15, 2014
18:02 EDTCHMTGreat Lakes Solutions increases price of TBBA flame retardant 30c/kg.
Great Lakes Solutions, a business of Chemtura, announces a price increase in all regions by up to 30c/kg. for its TBBA, or tetrabromobisphenol A, flame retardant, effective May 1 or as contracts allow.

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