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.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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