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Stock Market & Financial Investment News

News Breaks
January 17, 2013
12:38 EDTROCRockwood sees maintaining divided yield around 2.8%-3.2% with cash on hand
Says plans to use up to $400M to buy back shares and up to $600M to pay down highest cost debt, with balance of cash on had used for general corporate purposes and to maintain dividend yield around 2.8%-3.2%. Comments from slides in regulatory filing related to investor day.
News For ROC From The Last 14 Days
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October 1, 2014
08:35 EDTROCHuntsman completes acquisition of Rockwood's additives business
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08:35 EDTROCRockwood completes sale of titanium dioxide pigments business to Huntsman
Rockwood Holdings (ROC) announced that it completed the previously announced sale of the Titanium Dioxide Pigments and four other non-strategic businesses to Huntsman Corporation (HUN) for an enterprise value of $1.275B, including the assumption of $225M in pension obligations. The Rockwood businesses being sold include Titanium Dioxide Pigments, Color Pigments & Services, Timber Treatment Chemicals, Rubber/Thermoplastics Compounding, and Water Chemistry. Rockwood received net cash proceeds of $950M, which is subject to certain potential post-closing adjustments.
September 30, 2014
18:27 EDTROCHuntsman gets final EU approval for acquisition of Rockwood's additives business
Huntsman (HUN) announced that it has received final clearance and approval from the European Commission to acquire the Performance Additives and Titanium Dioxide businesses of Rockwood Holdings (ROC). The acquisition is expected to close October 1, 2014.
September 22, 2014
08:21 EDTROCOZ Management reports 5.83% stake in Rockwood
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