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Australian Listed Investment Company Report - April 2024

Australian Listed Investment Company Report - April 2024
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St Barbara share price jumps 10% on Silver Lake proposal

The St Barbara Ltd (ASX:SBM) share price was a strong performer on Thursday. Here's why investors were buying its shares. ....

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Chemical giant Innospec ends Elementis pursuit as $1.3bn bid rejected : CityAM

Chemical giant Innospec ends Elementis pursuit as $1.3bn bid rejected
Innospec s $1.3bn bid, which was revealed last night, has now been rejected by the Elementis board.
US chemicals giant Innospec has today pulled out of its pursuit of FTSE 250 firm Elementis after a $1.3bn (£930m) bid for the firm was rejected.
Last night Sky News reported that the US firm had tabled a bid for the fellow chemicals firm. In a statement after markets closed in the UK today, Elementis said that it had rejected the 160p per share offer.
Such a bid would have represented a healthy premium on Elementis’ closing price of 135p per share today. ....

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