Taminco CorporationNYSE
TAM is defunct.
  • Sep. 11, 2014, 10:43 AM
    • Taminco (TAM +11.8%) says it has agreed to be acquired by Eastman Chemical (EMN +0.1%) for $26/share.
    • The merger agreement includes a 30-day go-shop period, when TAM will solicit and evaluate any alternative proposals.
    • EMN says the acquisition strengthens its presence in attractive niche markets such as food, feed and agriculture, and adds a world-class technology platform in alkylamines to its portfolio.
    • EMN expects the deal to be accretive to 2015 EPS by greater than $0.35, excluding acquisition-related costs and charges, and to 2016 EPS by greater than $0.60.
    | Sep. 11, 2014, 10:43 AM | 1 Comment
  • Dec. 23, 2013, 7:50 AM
    • Taminco (TAM) agrees to acquire the formic acid business of Finland's Kemira (KMRSF) for €140M ($191M).
    • TAM, which makes ingredients for crop protection products and animal feeds, says the deal will help it add new product lines; formic acid's uses include the preservation of animal feed and de-icing airport runways.
    | Dec. 23, 2013, 7:50 AM