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Industrial M&A image Industrial M&A » By The Online Investor Staff, updated Sat., May. 30, 9:24 PM Recent mergers and acquisitions in the Industrial M&A category.

Slide #18. SI Group Albemarle's antioxidant, ibuprofen and propofol businesses

Acquirer: SI Group
Acquiree: Albemarle's antioxidant, ibuprofen and propofol businesses (NYSE:ALB)
Details: Albemarle Corporation (NYSE: ALB), a leading manufacturer of highly-engineered specialty chemicals, announced today that it has signed a definitive agreement to sell certain assets to SI Group, a leading global developer and manufacturer of chemical intermediates, specialty resins, and solutions. Included in the transaction are Albemarle's antioxidants and FDA-regulated ibuprofen and propofol businesses and assets, with manufacturing sites in Orangeburg, South Carolina and Jinshan, China; and Albemarle's antioxidant product lines. Certain applications and technical support capabilities in Shanghai, China and Baton Rouge, Louisiana will also be included in the transaction. Terms of the transaction were not disclosed.



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Company Name: 
Albemarle Corp.
Stock buyback: 
ALB buyback
Website: 
www.albemarle.com
Sector: 
Specialty Chemicals
Number of ETFs Holding ALB: 
90
Total Market Value Held by ETFs: 
$1.52B
Total Market Capitalization: 
$7.98B
% of Market Cap. Held by ETFs: 
19.02%
 

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Quotes delayed 20 minutes



Hold (2.13 out of 4)
8th percentile
(ranked lower than approx. 92% of all stocks covered)
Based on Zacks ABR data;
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