IHS Chemical Week

Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers

Australia's Elemental Minerals receives takeover offer

11:36 AM MDT | April 12, 2013 | Francinia Protti-Alvarez

Elemental Minerals (Perth, Australia) says it has received a nonbinding offer for the company from Dingyi Group Investment (Hamilton, Bermuda) to acquire the company for a cash price of A$0.66/share (70 cts), valuing the company at some A$160.8 million. The proposal represents a premium of 126% to the volume weighted average price per share over the past 20 trading days. The company’s market capitalization stood at A$134.2 million today. Elemental says it has entered into an exclusive negotiation period and cost reimbursement agreement with Dingyi granting...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa