Imperial Chemical Industries Share Discussion Threads

[chemical_ali] 08/1/2007 14:53

markets have been touting six quid. i am not sure it will be enough

[eldeen] 07/1/2007 21:19

Are you an Akzo Nobel agent in guise? ;)

[yasmina] 07/1/2007 18:09

what would be a fair bid price for ICI ? Thanks

[psps] 05/1/2007 10:32

a FIVER sooooooooooooon at this rate

[chicken] 05/1/2007 09:08

indeed flying again this am glad i only sold half my shares!

[chemical_ali] 05/1/2007 08:43

looking good... looking very good !

[chemical_ali] 04/1/2007 10:19

apparently a dutch paper reported that private equity firms were bidding for organon. akzo is planning a demerger

[chicken] 04/1/2007 09:16

over 2m traded in the first hour looks promising

[chemical_ali] 04/1/2007 09:12

perhaps the weak oil price gives a bidder more confidence to do the deal

[chicken] 04/1/2007 08:37

Hmmm sold half my holding this morning at 457.75 and as soon as the deal goes thru they shoot up to 462 typical!
Large volume this morning.

[chemical_ali] 03/1/2007 10:51

later in Q1. but perhaps they wont be able to wait to do this deal. shouldnt have any problems disposing of Organon



Akzo Nobel, a Dutch company, has had its hands tied with the task of demerging Organon, its pharmaceutical business, but it has made plain its ambition to expand in coatings. The Organon transaction should be completed in the first quarter of 2007, allowing Akzo to focus on developing its coatings business, which boasts Crown, the market-leading consumer brand, as well as important positions in industrial and marine coatings.

[chicken] 03/1/2007 10:40

Nice bring it on, bit of profit taking this morning Akzo havent said they are not interested so looks like a matter of time when is the demerger due to be completed?

[chemical_ali] 03/1/2007 09:12

telegraph...

On the subject of takeover speculation, ICI rose 9p to 461p as hopes that the chemicals company could be snapped up by Dutch-based Akzo Nobel refused to die down. Collins Stewart also repeated its buy rating on the shares, noting that the US housing market is stabilising, and that US paints account for about 17pc of ICI's group sales.


FT...

ICI moved ahead 2 per cent to 461¼p, after being singled out by several brokers as a likely takeover target in 2007. Cazenove noted that Dutch rival Akzo Nobel will have the firepower to bid after the demerger of its pharmaceuticals business, which is expected early in 2007.

[chemical_ali] 02/1/2007 10:52

perhaps akzo would have to pay 630 is the share price keeps moving like this

[deanforester] 28/12/2006 17:33

I know it's no longer the same animal, but at the time of the split into ICI and Zeneca, the share price of the "New" ICI was 630p.

That had been chased up by the take over proposal of Hanson.

It would be instructive to know what the final dividend will be, when it is announced. A major increase would also be share price enhancing, as the yield is currently a miserable 1.8%. There are more factors in play here than just a premium over the current share price

[chemical_ali] 28/12/2006 11:05

more like well informed speculation. but i wonder if they will come out and deny it to get the share price back down. the Times article....

[winwise] 28/12/2006 10:52

Rumours!!!

[chemical_ali] 28/12/2006 08:09

could it be 600p in the next few weeks?


Imperial Chemical In Akzo Nobel set to make ICI takeover bid - report


LONDON (AFX) - Imperial Chemical Industries PLC could be the subject of a
takeover bid by Dutch coatings business Akzo Nobel next year, according a report
in The Times.
Akzo Nobel is likely to move in on the British group in the first quarter of
2007 after it has demerged its pharmaceutical business - Organon - the report
said.
The Times report said a takeover of ICI would be expensive, requiring a
significant premium to persuade investors that the expansion of ICI's coatings
business would be better achieved within a paints colossus rather than alone.
The report adds that a deal might give Akzo competition issues in the
British market, where ICI's Dulux brand competes head-on with its own Crown
brand, but a deal with ICI would enhance the Dutch company's presence in the
American retail market.
The paper cited analysts who reckon that the global coatings market is
poised for a shake-up next year. The big players are scrambling for a position
in growing Asian markets, while tighter health and safety rules are forcing
small, family-owned companies to consider the cost of acquiring the technology
necessary to stay in the market.

[chemical_ali] 22/12/2006 09:58

2007 could be a big year

[chemical_ali] 21/12/2006 20:54

nice action today.

Quest EGM is on Jan 25 so any uncertainties about that disposal should be out of the way in no time

[chemical_ali] 20/12/2006 14:18

on the way back up.

results only weeks away to get a closer look at that cashed up balance sheet. and might not be so long now before Akzo has made its intended disposals

[eldeen] 20/12/2006 11:48

Investment bank predicts takeover frenzy


Benjamin Dierks
Tuesday December 19, 2006
Guardian Unlimited


Institutional investors are entering the new year with large amounts of cash to pour into booming stock markets and expect to see high numbers of company takeovers, according to Merrill Lynch.
"We have a high level of liquidity," equity strategist Charles Cara said in a report. "That points to a continued good environment for mergers and acquisitions," though it was unclear if 2007 could top the record year of 2006.

[aussiedonnie] 18/12/2006 10:20

£5 this year ? ;-)

[chicken] 18/12/2006 08:39

any chartists see where its going short / med term - obviously if a bid does come in that changes things but just interested generally
thanks

[chemical_ali] 15/12/2006 14:59

shooting to the stars