Activist investor demands Elementis chief is replaced
Gatemore Capital says the speciality chemicals company has ‘lost its direction’ under Paul Waterman
Source: thetimes.co.uk
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Takeover failure: UK's Elementis rejects US private equity bid
UK-listed chemicals company Elementis rejected the 160p bid from US private equity firm KPS Capital Partners.
Steve Raineri Elliot Gulliver Needham United Kingdom United Kingdom Listed Franklin Mutual Advisers Mutual Advisers
Source: cityam.com
Elementis shareholder demands board launch immediate sales process -letter
Elementis shareholder Franklin Mutual Advisers has urged the board of the British chemicals firm to initiate a sales process immediately following news it had spurned another takeover approach,...
Source: marketscreener.com
Franklin Mutual Advisers Sends Second Letter Urging Elementis' Board of Directors to Maximize Shareholder Value
/PRNewswire/ -- Franklin Mutual Advisers, LLC ("Mutual Series"), which controls a 9.8% shareholding on behalf of its clients in specialty chemicals company...
Source: prnewswire.com
FTSE 100 underwhelms as stocks jump after US CPI
European equities jumped in the wake of a cooler-than-expected US inflation reading, which took some sting out of a recent hawkish reassessment of the Federal Reserve interest rate outlook. A hold...
Source: marketscreener.com
UK-based Elementis resists key shareholder's call for immediate sale
LONDON -Britains Elementis on Wednesday rebuffed calls by one of its major shareholders to sell the company, saying an immediate sale of the chemicals group was not ideal given the substantial value... -September 20, 2023 at 09:27 am EDT - MarketScreener
Source: marketscreener.com
Elementis shares surge as Franklin sale demand rebuffed
Shares in UK chemicals group Elementis on Wednesday surged as the company rejected a demand by major shareholder Franklin Mutual Advisers to sell the company.
Source: sharecast.com