World News and Views :: Top of the News
H.I.G. reaches deal to acquire Ampac for $392 million
10:12 AM MST | January 10, 2014 | Rebecca Coons
American Pacific (Ampac), the parent company of Ampac Fine Chemicals, announced today that it has entered into a definitive merger agreement to be acquired by investment funds managed by H.I.G. Capital, a leading, global, private investment firm, in an all-cash transaction valued at approximately $392.0 million. Under the terms of the merger agreement, affiliates of H.I.G. will, no later than 24 January, commence a tender offer to acquire all of the outstanding shares of Ampac common stock at a price of $46.50/share—an 18.9% premium over...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee