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.
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