W R Grace closes acquisition of Albermarle business unit - Baltimore Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
W.R. Grace's catalysts business offers polyolefin catalysts for the production of polypropylene and polyethylene resins, as well as surface modifiers for thin polymer films.
W R Grace to be acquired in $4 6 billion deal baltimoresun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimoresun.com Daily Mail and Mail on Sunday newspapers.
W.R. Grace Climbs on $7B Pact to Be Bought by Standard Industries
W.R. Grace, the subject of takeover speculation for several years, agreed to be acquired by Standard Industries for $70 a share.
Author:
W.R. Grace (
GRA) - Get Report was rising Monday after the specialty chemicals company said it had agreed to be acquired by Standard Industries Holdings in a transaction valued at $7 billion.
Shares of the Columbia, Md., company at last check were 6.6% higher at $68.45.
Under terms of the transaction, Standard Industries Holdings will pay $70 cash for each W.R. Grace share.
That s a premium of about 59% over Grace’s closing price of $44.05 on Nov. 6, the last trading day before 40 North’s initial proposal to acquire the company was disclosed, on Nov. 9.
Family-Owned Industrial Conglomerate Standard Industries To Buy Chemical Giant W R Grace For $7 Billion forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.