Home Platform Specialty Products (PAH) Stock Rises After $2.1 Billion Alent Acquisition
 

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Platform Specialty Products (PAH) Stock Rises After $2.1 Billion Alent Acquisition

2015-07-13 18:03:56| Chemicals - Topix.net

Alent shareholders will receive 503 pence per share in cash as part of the deal, a 49% premium over Alent's closing price on Friday. Platform made the acquisition in an effort to bolster its performance applications business and compliment its MacDermid unit, which produces chemicals used in electronics, automotive, printing and offshore oil drilling industries, the company said.

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