Private equity firm Apollo Global Management Inc has approached Tronox Holdings Plc , one of the world's largest pigment manufacturers, with a $4.3 billion all-cash offer, people familiar with the matter said on Monday.
, one of the world's largest pigment manufacturers, with a $4.3 billion all-cash offer, people familiar with the matter said on Monday.
Tronox shares were hovering around $20 on Monday morning, prior to Apollo's offer being reported. They jumped 17% to $24.02 on news of Apollo's acquisition interest.Apollo declined to comment. Tronox did not respond to a request for comment. The COVID-19 pandemic weighed on demand for many of Tronox's products, but the company has said its core markets are recovering as the world's major economies bounce back.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Bill Gates’ Investment Firm Buys Controlling Stake In Four Seasons Hotels For $2.2 BillionGates’ Cascade Investment LLC will purchase half of Saudi Arabian Prince Alwaleed bin Talal's stake in the luxury hotel chain.
Leer más »
Bill Gates’ Investment Firm Buys Controlling Stake In Four Seasons Hotels For $2.2 BillionGates’ Cascade Investment LLC will purchase half of Saudi Arabian Prince Alwaleed bin Talal's stake in the luxury hotel chain.
Leer más »
Kansas City Southern picks Canadian Pacific bid for railroadKansas City Southern has decided that a $31 billion bid from Canadian Pacific is the best of two offers on the table to buy the railroad.
Leer más »
TransUnion set to buy Neustar for $3.1 billionTransUnion is nearing a deal to buy information-services company Neustar Inc. for $3.1 billion, according to people familiar with the matter, a move that...
Leer más »
Intuit to buy email marketing company Mailchimp for $12 billion in cash and stockIntuit is purchasing popular automated email and marketing platform Mailchimp for $12 billion.
Leer más »
Peloton Sold a Dream, but Investors Are Waking UpPeloton is a different company than the one investors bought two years ago in its public offering, and not necessarily a better one.
Leer más »