Hints and tips:
...The family-backed company bought London-listed speciality chemicals group AZ Electronic Materials for £1.6bn, including debt, in 2014....
...TRC Capital Investment Corporation of Toronto made the approach. Securities lawyer Lorne Albaum founded that business....
...The joint bid by Bain and Advent will point to their previous experience of buying units from large corporations as a duo successfully, particularly in the payments sector....
...Chuck Mentcher, Tucson, AZ, US...
...They console themselves that Mr Soriot has had to buy AZ shares which he cannot sell for years and £2m of the award is tied to AZ’s dividend growth....
...AZ Electronic Materials slid 4.4 per cent to 363.7p after UBS cut the chemicals maker off its “buy” list....
...For AZ, the main point is that every month counts when it comes to protecting Seroquel sales from generics, especially given the group’s recent run of failures....
...AZ Electronic Materials fell 6.5 per cent to 236p after pre-flotation investors The Carlyle Group and Vestar Capital Partners each sold 20m shares....
...Materials, Go-Ahead Group, Mondi, Lonrho, Carphone Warehouse, News Corporation, Minerva, Costain, BBVA....
...Gauge maker Renishaw fell 6.8 per cent to £15.85 and AZ Electronic Materials , the chemical maker for computer screens, dropped by 4.9 per cent to 258p....
...BSkyB rose 0.8 per cent to 799p amid talk that the UK government would approve News Corporation’s take-over proposal as soon as Thursday....
...Three-quarters of KPS’s deals have been “synthetic bankruptcies”, in which it buys the struggling subsidiaries of bigger corporations....
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