merger
QUAKER CHEMICAL CORP. $150 (New York symbol KWR; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 13.3 million; Market cap: $2.0 billion; Price-to-sales ratio: 2.6; Dividend yield: 0.9%; TSINetwork Rating: Average; www.quakerchem.com) makes lubricants and chemicals that keep mechanical parts from rusting.
The company’s shareholders recently approved Quaker’s acquisition of Houghton International Inc....
The company’s shareholders recently approved Quaker’s acquisition of Houghton International Inc....
On May 31, 2017, Tegna set up its Cars.com subsidiary as a separate firm. Investors received one share in Cars. com for every three Tegna shares they held. They’ll only pay capital gains taxes when they sell those new shares.
The breakup lets each company focus on its main business, which increases its takeover potential....
The breakup lets each company focus on its main business, which increases its takeover potential....
DOWDUPONT INC. $71 (New York symbol DWDP; Manufacturing sector; Shares outstanding: 2.3 billion; Market cap: $163.3 billion; Takeover Target Rating: Lowest; No dividends paid; TSINetwork Rating: Above Average; www.dow-dupont.com) began trading on September 1, 2017, following the merger of Dow Chemical and DuPont.
The combined company now plans to split into three separate publicly traded firms—Agriculture, Specialty products, and Materials—within 18 months.
Former Dow CEO Andrew Liveris, now the executive chairman of DowDuPont, and former DuPont CEO Ed Breen, now CEO of DowDu- Pont, will lead the process.
A number of activist investors hold interests in the company....
The combined company now plans to split into three separate publicly traded firms—Agriculture, Specialty products, and Materials—within 18 months.
Former Dow CEO Andrew Liveris, now the executive chairman of DowDuPont, and former DuPont CEO Ed Breen, now CEO of DowDu- Pont, will lead the process.
A number of activist investors hold interests in the company....
A: Glencore Xstrata plc Holdings (ADR), $4.99, symbol GLCNF on the U.S. over-the-counter market (ADRs outstanding: 14.4 billion; Market cap: $73.1 billion; www.glencore.com), is an Anglo–Swiss multinational commodity-trading and mining company headquartered in Baar, Switzerland....
Canadian regulators recently approved the proposed merger of Agrium and Potash Corp. of Saskatchewan. Other countries still need to approve the deal, but the companies expect to complete the transaction by the end of 2017.
Under the terms of the agreement, Potash Corp....
Under the terms of the agreement, Potash Corp....
NEWELL BRANDS INC. $42 (New York symbol NWL; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 490.1 million; Market cap: $20.6 billion; Divd. yield: 2.2%; Divd. Sustainability Rating: Above Average; www.newellbrands.com) makes a variety of household goods such as pens (top brands include Sharpie and Paper Mate), coffee makers (Mr....
Huntsman came to our attention after announcing it would spin off its Venator subsidiary. The company’s plans have since changed, and instead of a spinoff, it used an IPO to sell shares in Venator. Huntsman now intends to merge with a Swiss chemical maker. We think the company’s new plans will still unlock considerable value for shareholders.
HUNTSMAN CORP....
HUNTSMAN CORP....
A: Less than two years after agreeing to merge, Dow Chemical and DuPont have received all regulatory approvals, with the combined company now trading on the New York exchange as DowDuPont, $68.50, symbol DWDP (Shares outstanding: 1.2 billion; Market cap: $155.2 billion; www.dow-dupont.com).
To satisfy regulators concerned about the possibility of anti-competitive behaviour after the merger, Dow and DuPont each had to sell certain assets.
DuPont was forced to divest itself of its market-leading Finesse herbicide and Rynaxpyr insecticide products; it sold them to a buyer approved by the U.S....
To satisfy regulators concerned about the possibility of anti-competitive behaviour after the merger, Dow and DuPont each had to sell certain assets.
DuPont was forced to divest itself of its market-leading Finesse herbicide and Rynaxpyr insecticide products; it sold them to a buyer approved by the U.S....
