Albemarle Corp (ALB)
29 Sep 2016
Mon, Sep 12 2016
BRIEF-Albemarle signs agreement for exclusive exploration, acquisition rights to lithium resource in Argentina
* Albemarle signs agreement for exclusive exploration and acquisition rights to lithium resource in Argentina
* Q2 adjusted earnings per share $0.93 from continuing operations
FRANKFURT, July 27 Global chemicals maker BASF warned that the $3.2 billion it paid for Albemarle Corp's surface-treatment unit Chemetall set a high bar for future returns from the investment.
* Fortive Corp will be added to S&P 500 after the close of trading on Friday, July 1, replacing Columbia Pipeline Group Inc Source text: (http://bit.ly/28QcVli) (Bengaluru Newsroom: +1-646-223-8780)
BRIEF-Fitch says Albemarle's planned sale of Chemetall surface treatment business to BASF is neutral to ratings
* Fitch says Albemarle's planned sale of its Chemetall surface treatment business to BASF is neutral to co's ratings Source text (http://bit.ly/1YwNMxN) Further company coverage: (Bengaluru Newsroom; +1 646 223 8780; )
June 17 Chemical producer Albemarle Corp said it would sell its surface-treatment unit to Germany's BASF SE, the world's largest chemical producer, for $3.2 billion in cash.
* Albemarle enters into definitive agreement to sell Chemetall Surface Treatment Business to BASF for $3.2 billion
* Albemarle to name Brian Tessin vice president, tax & chief tax counsel Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)
The Chemetall unit is a global supplier of specialty chemicals used in surface treatment of metals and plastics.
May 13 Lithium producer Albemarle Corp is exploring the sale of its surface-treatment division for about $3 billion, Bloomberg reported, according to people familiar with the matter. (http://bloom.bg/1OoF3Lj)
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