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Share Price Information for Elementis (ELM)

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Share Price: 147.20
Bid: 146.20
Ask: 147.20
Change: 2.60 (1.80%)
Spread: 1.00 (0.684%)
Open: 150.00
High: 150.00
Low: 143.60
Prev. Close: 144.60
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IN BRIEF: Elementis completes USD119 million sale of chromium business

Tue, 31st Jan 2023 15:45

Elementis PLC - London-based speciality chemicals - Completes USD119 million sale of Chromium business, a producer of chromium chemicals, to Yildirim Group. Back in November, Elementis said it had agreed to sell Chromium to Yildirim, a Dutch-Turkish industrial group headquartered in Istanbul and Amsterdam, for an enterprise value of USD170 million. The transaction includes the transfer of environmental liabilities of USD35 million, and other liabilities of USD8 million, with the total cash proceeds on completion at USD119 million before tax and transaction costs.

Current stock price: 125.40 pence, up 0.6% on Tuesday afternoon in London

12-month change: down 12%

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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IN BRIEF: Elementis confirms Trudy Schoolenberg's Accsys appointment

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7 Jul 2023 09:57

JPMorgan upgrades Elementis to 'overweight'

(Sharecast News) - JPMorgan Cazenove upgraded Elementis on Friday to 'overweight' from 'neutral', keeping the price target at 144p, as it pointed to a relatively better earnings outlook supported by self-help actions.

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