Elementis Rejects Minerals Technologies All-cash $819 Million Offer
Elementis PLC, a British speciality chemicals company has rejected Minerals Technologies Inc’s all-cash buyout offer as the valuation for the company of $819 million was too low. The offer would represent a premium of 31% to Elementis’s closing price of 81.70 on November 4, the day before the approach. With 580.8 million shares in issue, … Read more