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China's Chesir Eyes Merck KGaA's €1 Billion Pigments Arm - Vimarsana News

China's Chesir Eyes Merck KGaA's €1 Billion Pigments Arm

(Bloomberg) -- Global New Material International Holdings Ltd., a Chinese colorant producer, is in talks on a potential acquisition of Merck KGaA’s pigments arm, people with knowledge of the matter said. Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023Debris Found Near Titanic Wreck in Search for Missing VesselTitanic Sub Search Chases Mystery Noises as Air Runs LowModi Meets With Elon Musk and Ray D

Source: yahoo.com
7.7% Below IPO Floor Price, Global New Material's Low Offer Price Reveals Its Ambition to be Global Leader - Vimarsana News

7.7% Below IPO Floor Price, Global New Material's Low Offer Price Reveals Its Ambition to be Global Leader

7.7% Below IPO Floor Price, Global New Material's Low Offer Price Reveals Its Ambition to be Global Leader HONG KONG, Jul 19, 2021 - (ACN Newswire) - Global New Material, a leading company in the global new consumable materials market, gave a 'big gift' to its investors before officially listing. On July 9, Global New Material (stock code: 6616) announced an IPO price of HKD3.25, 7.67% lower than the previous IPO floor price. From the investors' perspective, Global New Material lowering its IPO price from that of the IPO period, in fact, has left more room for market share price appreciation...