Elementis PLC attracted takeover interest from a US private equity firm, which has since decided against tabling another offer, Reuters reported on Wednesday.
Citing people familiar with the matter,.
Elementis PLC on Tuesday set out a lofty margin target and said it plans above market revenue growth by 2026.
Shares in the company were 3.8% higher at 127.20 pence each in London on Tuesday.
European equities jumped in the wake of a cooler-than-expected US inflation reading, which took some sting out of a recent hawkish reassessment of the Federal Reserve interest rate outlook.
A hold.
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Elementis PLC on Wednesday responded publicly to an open letter from Franklin Templeton, saying that it disagrees with the shareholder s request to sell off its attractive assets.
Shares in the.