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Slide #40. Minerals Technologies — AMCOL International
Acquirer:
Minerals Technologies (MTX)
Acquiree:
AMCOL International (ACO)
Details:
Minerals Technologies Inc. (NYSE:MTX) and AMCOL International Corporation (NYSE:ACO) announced today that they have signed a definitive merger agreement under which MTI will acquire AMCOL for $45.75 per share in cash, or a total value of approximately $1.7 billion. The transaction, which has been unanimously approved by the boards of directors of both companies, is expected to close in the first half of 2014 and is subject to customary closing conditions.
Minerals Technologies is a resource- and technology-based company. Co. has three reportable segments: Performance Materials, which is a global supplier of a range of bentonite-based and synthetic materials for consumer-oriented and industrial markets and for non-residential construction, environmental remediation, and infrastructure projects; Specialty Minerals, which produces and sells the synthetic mineral product precipitated calcium carbonate and processed mineral product quicklime, and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc; and Refractories, which produces monolithic and shaped refractory materials and specialty products.
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Minerals Technologies is a resource- and technology-based company. Co. has three reportable segments: Performance Materials, which is a global supplier of a range of bentonite-based and synthetic materials for consumer-oriented and industrial markets and for non-residential construction, environmental remediation, and infrastructure projects; Specialty Minerals, which produces and sells the synthetic mineral product precipitated calcium carbonate and processed mineral product quicklime, and mines mineral ores then processes and sells natural mineral products, primarily limestone and talc; and Refractories, which produces monolithic and shaped refractory materials and specialty products.
MTX SEC Filing Email Alerts Service
Open the ACO Page at The Online Investor »
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