OM Group, Inc.(OMG)- NYSE
  • Jun. 1, 2015, 8:17 AM
    • Funds managed by affiliates of Apollo Global (NYSE:APO) agree to purchase OM Group (NYSE:OMG) for $34 per share in cash - 28% above Friday's close.
    • Apollo in turn will spin off OM's Electronic Chemicals and Photomasks businesses to Platform Specialty Products (NYSE:PAH) for $365M in cash. The businesses generated $28M of adjusted EBITDA last year, and PAH sees synergy opportunities north of $20M over the next two years.
    | Jun. 1, 2015, 8:17 AM
  • Jul. 5, 2011, 7:46 AM

    Specialty chemicals maker OM Group (OMG) agrees to buy Germany's Vacuumschmelze for €700M ($1B) as it looks to push into Europe and benefit from what it calls 'mega-trends' related to alternative energy. OM expects the acquisition to add to earnings this fiscal year. (PR)

    | Jul. 5, 2011, 7:46 AM