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LNXSY Lanxess AG (PK)

5.12
0.23 (4.70%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Lanxess AG (PK) USOTC:LNXSY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.23 4.70% 5.12 3.82 7.41 5.12 5.12 5.12 128 21:05:08

Lanxess Withdraws From Akzo Nobel Unit Bid -Reuters

16/03/2018 2:05pm

Dow Jones News


Lanxess (PK) (USOTC:LNXSY)
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--German company Lanxess has withdrawn from a consortium bidding for Akzo Nobel's specialty chemicals division, according to unnamed sources, Reuters reports.

--The other consortium partners, including U.S. private-equity firm Apollo Global Management and Dutch fund PGGM, are still in the running, the sources said, according to Reuters.

--The sources said other bidders for the specialty chemicals business, valued at about 9 billion euros ($11.1 billion), include Carlyle Group, Hal Investments and Advent International partnered with Bain Capital Private Equity, Reuters reports.

 

Full story: http://reut.rs/2FPZyxV

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

March 16, 2018 09:50 ET (13:50 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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