SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.470-0.5%Jan 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: E_K_S10/21/2019 8:30:30 AM
   of 6147
 
Innophos acquired for $932M
Oct. 21, 2019 7:58 AM ET|About: Innophos Holdings, Inc. (IPHS)|By: Brandy Betz, SA News Editor

Innophos Holdings (NASDAQ: IPHS) enters into a definitive agreement to be acquired by an affiliate of One Rock Capital Partners.

One Rock will pay $32 per share in cash for a transaction value of about $932M, including the assumption of debt.

The agreement includes a 30-day go-shop period. If no other offers are accepted, the transaction is expected to close in Q1 2020

Innophos, Inc., is one of the leading North American manufacturers of specialty phosphates, serving a diverse range of customers across multiple applications, geographies and channels.

------------------------------------------

Wonder if we will see consolidation in the fertilizer sector. I own UAN, a major share owner is Ichan

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext