News: Cytec Industries Inc (CYT.N)
25 Nov 2015
Wed, Oct 14 2015
BRUSSELS, Oct 14 - European Union antitrust authorities will decide by Nov. 18 whether to wave through Belgian chemical group Solvay's $5.5-billion bid for U.S. peer Cytec, the European Commission said on Wednesday.
BRUSSELS Belgian chemical group Solvay has agreed to buy U.S. peer Cytec for $5.5 billion, giving it a bigger presence in the lightweight materials business where demand from the aerospace industry is booming.
* Analysts say price paid is fairly steep (Adds CEO, analyst comment, share price)
* CEO says confident will get regulatory approval for Cytec deal
* Has entered into a definitive merger agreement with U.S.-based Cytec to acquire 100 pct of its share capital for $75.25 per share in cash
BRUSSELS, July 29 Belgian chemical group Solvay will buy peer Cytec in a deal valuing the U.S. firm and its debt at $6.4 billion, the company said on Wednesday.
- REG-Cytec Shareholders Approve Merger with Solvay
- REG-Cytec reinforces its position as a key composites partner in the serial automotive market by acquiring an equity position in Penso
- Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Cytec Industries Inc.
- REG-Cytec Announces Third Quarter Results; Third Quarter Adjusted EPS of $0.90; Increases Full Year 2015 Adjusted EPS Outlook of $3.20 to $3.40
- REG-Cytec Declares Quarterly Dividend
- REG-Cytec Announces Expiration of HSR Act Waiting Period
- REG-Cytec Industries Announces Schedule for Third Quarter Earnings
- CYT SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launch an Investigation of the Board of Directors of Cytec Industries Inc. Regarding the Sale of the Company to Solvay SA -- CYT
- Lifshitz & Miller Law Firm Announces Investigation of Cigna Corporation, Cytec Industries Inc., Ikanos Communications, Inc., IPC Healthcare Inc., Magnetek Inc., Pascack Bancorp, Inc., StanCorp Financial Group Inc., and Tecum
- CYT SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Cytec Industries Inc. Regarding the Sale of the Company to Solvay SA