IHS Chemical Week

Regions :: Australia/New Zealand

Orica Rejects Private Equity Bid

1:56 PM MDT | July 25, 2007 | Ian Young

Orica, the biggest producer of explosives, says it has rejected a A$9.95-billion ($8.3 billion) takeover bid from a consortium of private equity capital companies. “The board of Orica has carefully considered the consortium’s proposal and believes that it significantly undervalues Orica and its growth prospects,” says Orica chairman Don Mercer. The private equity firms bidding for Orica are Bain Capital, Blackstone, Pacific Equity Partners, and Morgan Stanley Principal Investments. Their joint cash bid of A$32/share sent Orica’s stock soaring from a...

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