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  2. Share Prices
  3. Elementis Share Price
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  5. PRESS: Elementis gets GBP1 billion takeover approach from Innospec

Pin to quick picksElementis Share News (ELM)

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Share Price: 144.80
Bid: 142.40
Ask: 143.40
Change: 3.00 (2.12%)
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Open: 148.40
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PRESS: Elementis gets GBP1 billion takeover approach from Innospec

Tue, 20th Apr 2021 11:06

(Alliance News) - Speciality chemical company Elementis PLC has been approached by US peer Innospec Inc about a cash and share takeover offer worth more than GBP1 billion, Sky News reported late Monday.

https://news.sky.com/story/chemicals-group-elementis-draws-1bn-takeover-interest-from-nasdaq-listed-innospec-12280682

Sky said the written offer from Innospec values London-based Elementis shares at more than 200 pence each. The FTSE 250 stock was up 13% at 152.91 pence Tuesday morning, giving a GBP885.3 million market capitalisation.

On Nasdaq in New York, Innospec shares closed down 3.5% at USD99.20 on Monday for a USD2.46 billion market value.

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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19 Oct 2022 15:39

UK earnings, trading statements calendar - next 7 days

Thursday 20 October 
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National Express Group PLCTrading Statement
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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Friday 22 July  
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Compass Group PLCTrading Statement
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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