Seeking Alpha

Amcol accepts $1.6B offer from France's Imerys

  • Minerals and materials firm Amcol International (ACO) has agreed to sell itself to France's Imerys (IMYSF) for $1.6B including debt.
  • The offer of $41 a share represents a premium of 12% to Amcol's close of $36.72 yesterday.
  • The acquisition will strengthen Imerys' sales in North America and help it offset the slower economy in Europe. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: