Polypore International, Inc.NYSE
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  • Thu, Jun. 16, 7:52 AM
  • Aug. 27, 2015, 10:51 AM
    • Following the sale of its Separations Media business, Polypore (NYSE:PPO) has been fully acquired and will operate as a core company under the Asahi Kasei Group (OTCPK:AHKSY).
    • The two will work together to integrate their technology to enable further development and growth of the battery separator business.
    | Aug. 27, 2015, 10:51 AM
  • Feb. 23, 2015, 7:04 AM
    • Asahi Kasei (OTCPK:AHKSY) has agreed to buy Polypore's (NYSE:PPO) energy storage segment, as it seeks to expand in the energy and environment business.
    • Asahi Kasei will pay $60.50 per share in cash, a 14% premium to their $52.95 close on Friday, and representing an enterprise value of about $3.2B.
    • Immediately prior to Asahi Kasei’s purchase of Polypore, 3M (NYSE:MMM) will acquire the assets of Polypore’s separations media business for about $1B and Asahi Kasei will receive the cash proceeds from asset sale.
    • PPO +13.2% premarket
    | Feb. 23, 2015, 7:04 AM
  • Oct. 29, 2012, 4:12 PM

    Polypore (PPO) says the company has retained Wells Fargo Securities to assist in evaluating alternatives for its Daramic lead-acid battery separator facilities. PPO says it doesn't have a defined timeline for the formal evaluation of the assets.

    | Oct. 29, 2012, 4:12 PM