|March 22, 2013|
|08:10 EDT||ROC||Rockwood repays Sachtleben secured facility|
Rockwood Holdings announced that it has repaid all borrowings outstanding under the secured facility of its wholly owned subsidiary, Sachtleben GmbH, its titanium dioxide pigments business, using cash on hand. The aggregate amount of the debt repaid was EUR394.5M.
News For ROC From The Last 14 Days
Check below for free stories on ROC the last two weeks.
|September 22, 2014|
|08:21 EDT||ROC||OZ Management reports 5.83% stake in Rockwood|
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|September 10, 2014|
|17:04 EDT||ROC||Albemarle announces expiration of HSR waiting period for Rockwood acquisition|
Albemarle (ALB) announced the expiration of the waiting period for U.S. antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the company's previously announced acquisition of Rockwood Holdings (ROC). The waiting period expired at 11:59 P.M. Eastern Daylight Time on September 8.
|06:40 EDT||ROC||EC approves Huntsman's acquisition of Rockwood's titanium dioxide businesses|
Rockwood (ROC) announced that the European Commission has approved the previously announced sale of its Titanium Dioxide Pigments and four other non-strategic businesses to Huntsman (HUN) for an enterprise value of $1.275B, including the assumption of $225M in pension obligations. The European Commissionís conditional approval follows Huntsman entering into an agreement to sell its TR52 ink grade business to Henan Billions Chemicals. The transaction with Henan is expected to close shortly after the European Commissionís approval of the buyer. The Rockwood businesses being sold include Titanium Dioxide Pigments, Color Pigments & Services, Timber Treatment Chemicals, Rubber/Thermoplastics Compounding, and Water Chemistry. This transaction is expected to close in late September or early October.
|06:35 EDT||ROC||Huntsman $1.1B deal for Rockwood unit approved by EU, Reuters says|
The European Commission approved Huntsman's (HUN) proposed $1.1B buyout offer for Rockwood's (ROC) titanium dioxide pigment division after agreeing to sell its global TR52 unit, according to Reuters, citing comments from the EU antitrust watchdog. Reference Link