Hints and tips:
...Until then, Mr Millstone had been working on transactions and strategy for Heyman’s operating companies — GAF, a North American roofer, and International Specialty Products, a chemicals business — while...
...chemicals business....
...Carlyle wins fight for Akzo Nobel speciality chemicals arm A group of investors led by US buyout giant Carlyle agreed to pay €10.1bn including debt for Akzo Nobel’s specialty chemicals unit after months...
...UBS thinks the specialty chemicals sale could fetch €9.2bn....
...Akzo Nobel’s specialty chemicals unit is also for sale, with a price expected at about €9bn....
...The manufacturing unit that includes industrials group Precision Castparts and specialty chemicals group Lubrizol reported a 4 per cent rise in revenues....
...Chemicals....
...Akzo, meanwhile, is trying to fend off PPG’s interest by proposing to spin off its specialty chemicals business....
...It plans to sell or spin off its specialty chemicals division, which should leave a standalone coatings group trading at a higher multiple of profits, and be quicker to execute than a merger....
...PPG would likely not have wanted Akzo Nobel’s specialty chemicals business, and selling it on might have helped reduce leverage....
...The bid included plans to pay Akzo’s normal dividend as well as a special dividend that the Dutch company promised shareholders as part of its own standalone plan to spin off its specialty chemicals business...
...Instead, Akzo thinks separating the specialty chemicals division from the rest of the group would release more value faster and with less risk....
...Dutch paints and coatings maker Akzo Nobel has rejected an unsolicited €20.9bn takeover bid by US industrial chemicals rival PPG Industries and said it is instead looking at spinning off its specialty chemicals...
...Investors who have waited for meaningful signs about what comes next may have the first hints as Akzo Nobel revealed that it was studying ways to separate its specialty chemicals business, possibly through...
...The chemicals roll-up, Platform Specialty Products, and a consumer products conglomerate, Nomad Foods, are both down by about two-thirds....
...He also controls Platform Specialty Products, a chemicals focused group, which recently acquired the UK’s Alent for $2.3bn including debt....
...On Monday, Platform Specialty Products, the US-based speciality chemicals group founded by serial dealmaker Martin Franklin, proposed to buy Alent, a UK company spun out of Cookson, for $2.3bn including...
...But those ventures — Platform Specialty Products, a chemicals company, and Nomad Foods, a frozen-foods group — have struggled in recent months....
...He had inherited a chemicals company in 1952 that was a precursor to what is now Reckitt Benckiser....
...group Platform Specialty....
...It also likes the German group’s specialty potash business and also wants to keep the salt operations, according to people familiar with the situation....
...Platform Specialty has focused on buying businesses that have little or no manufacturing capacity, but instead develop the science behind chemical products....
...In 2013, the Israeli government used a blocking share in Israel Chemicals, the country’s second-largest company, to halt a proposed megamerger with Potash Corp of Saskatchewan....
...The division, Phillips Specialty Products Inc, develops and manufactures polymers to maximise the flow potential of pipelines carrying crude oil, refined products or waste water....
...Dow agreed to buy specialty chemicals group Rohm & Hass before the financial crisis hit, and was forced to honour the $16bn deal following a court battle....
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