News: Albemarle Corp (ALB.N)

ALB.N on New York Stock Exchange

61.78USD
21 Nov 2014
Price Change (% chg)

$0.23 (+0.37%)
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Thu, Nov 13 2014

EU mergers and takeovers (Nov 13)

BRUSSELS, Nov 13 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Albemarle to buy rival Rockwood for lithium boost

- Chemicals maker Albemarle Corp said it would buy rival Rockwood Holdings Inc for $6.2 billion to tap fast-growing demand for lithium products used in mobile phone and automobile batteries.

UPDATE 3-Albemarle to buy rival Rockwood for lithium boost

* Offer represents 13 pct premium to Rockwood's Monday close

Albemarle to buy Rockwood in a $6.2 bln deal

July 15 - Specialty chemical company Albemarle Corp said it would buy rival Rockwood Holdings Inc in a cash-and-stock deal valued at about $6.2 billion.

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