Latest Breaking News On - Agrace board - Page 2 : vimarsana.com
Grace College President to Retire
insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.
Grace College president to retire
wishtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wishtv.com Daily Mail and Mail on Sunday newspapers.
Pierwszy taki ślub w historii Pobrali się na Języku trolla
fotoblogia.pl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fotoblogia.pl Daily Mail and Mail on Sunday newspapers.
Standard Industries Holdings to acquire Grace
4/26/2021
(GLOBE NEWSWIRE) W. R. Grace & Co. and Standard Industries Holdings Inc., the parent company of Standard Industries, a privately held global industrial company, announced that they have entered into a definitive agreement under which Standard Industries Holdings will acquire Grace in an all-cash transaction valued at approximately $7 billion, including Grace’s pending pharma fine chemistry acquisition. Standard Industries’ related investment platform 40 North Management LLC (“40 North”) is a long-standing shareholder of Grace.
Under the terms of the agreement, Standard Industries Holdings will acquire all of the outstanding shares of Grace common stock for $70.00 per share in cash. The purchase price represents a premium of approximately 59% over Grace’s closing stock price of $44.05 on November 6, 2020, the last trading day prior to the announcement of 40 North’s initial proposal to acquire the Company on Novem
W.R. Grace & Co.
Industrial conglomerate Standard Industries Holdings Inc. has acquired specialty chemicals maker W.R. Grace & Co. in a $7 billion all cash deal.
Plastics-related products made by Columbia, Md.-based Grace include polyolefin catalysts for the production of polypropylene and polyethylene resins, as well as surface modifiers for thin polymer films.
Grace also licenses Unipol-brand gas phase PP process technology for production of a broad range of PP resins. Grace acquired the Unipol PP technology from Dow for $500 million in 2013. Unipol originally was developed by Union Carbide Corp.
Under terms of the agreement, New York-based Standard will acquire all of the outstanding shares of Grace common stock for $70 per share in cash. That price represents a premium of almost 60 percent over Grace s closing stock price of $44.05 on Nov. 6. That was the last trading day prior to the announcement of 40 North Management LLC s initial proposal to acquire Grace.