Albemarle company completed the acquisition of Rockwood

Published on:2015/1/27 9:25:48

Keyword:catalyst
Introduction:Albemarle corporation (NYSE: propagated) published on January 12, 2015, according to the previous agreement and on July 15, 2014 published the "acquis...


albemarle corporation (NYSE: propagated) published on January 12, 2015, according to the previous agreement and on July 15, 2014 published the "acquisition plan" (the "merger agreement") is the acquisition of Rockwood.
& have spent& have spent& have spent& have spentAlbemarle LukeKissam, President and chief executive, said in a statement, "today is a important day for Albemarle, we warmly welcome to join our new worker, efforts to create a world's leading specialty chemicals company.""The resulting company will has a world-class team, a wider range of customers, the terminal market, technology and more diverse geographical scope, it will promote long-term stable growth, Albemarle for our employees, customers, shareholders and the community to create more value. Let's hope for a better tomorrow."
& have spent& have spent& have spent& have spentAccording to the merger agreement, Rockwood, become a wholly owned subsidiary of Albemarle, a share of outstanding ordinary shares Rockwood (exercised buy request permission and shares except) but not yet received in cash (without interest) plus $50.65 50.65 (common stock exchange (called the "acquisition of consideration").Trading after implementation, Rockwood shares will stop on the New York stock exchange trading and exit the New York stock exchange.WellsFargo will serve as a trading clearing agent to convey to the Rockwood shares registered shareholder on how to follow the instructions of the merger of the exchange of Rockwood co.
& have spent& have spent& have spent& have spentConsultant BofAMerrillLynch Albemarle corporation financial adviser, Shearman&SterlingLLP, TroutmanSandersLLP and KelleyDrye&WarrenLLP in Albemarle legal adviser.LazardFreres&Co. and CitigroupGlobalMarkets as Rockwood, financial advisers, SimpsonThacher&BartlettLLP as Rockwood legal adviser.
& have spent& have spent& have spent& have spentOn Albemarle

Key-word:catalyst