News: Mexichem SAB de CV (MEXCHEM.MX)

MEXCHEM.MX on Mexico Stock Exchange

55.37MXN
23 Oct 2014
Price Change (% chg)

$0.31 (+0.56%)
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$55.53
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Wed, Aug 20 2014

Mexichem says recent deals to add $110 mln-$120 mln to EBITDA

MEXICO CITY, Aug 20 - Mexichem's two recent acquisitions will add $110 million to $120 million to its earnings before interest, taxes, depreciation and amortization (EBTIDA) in the 12 months after the deals close, the company's chief executive said on Wednesday.

Deals of the day- Mergers and acquisitions

(Adds Chugai Pharmaceuticals, Dollar General, Sensata, Ingersoll-Rand and Mexichem)

UPDATE 1-Mexico's Mexichem to pay $630 mln for pipe maker Dura-Line

MEXICO CITY, Aug 18 - Mexico's Mexichem said on Monday it had reached a deal to pay $630 million in cash and debt to buy U.S. plastic pipe maker Dura-Line Corporation from private equity firm CHS Capital.

Mexico's Mexichem to pay $630 mln for pipe maker Dura-Line

MEXICO CITY, Aug 18 - Mexico's Mexichem said on Monday it had reached a deal to pay $630 million to buy Tennessee-based plastic pipe maker Dura-Line Corporation from private equity firm CHS Capital.

Deals of the day- Mergers and acquisitions

Aug 5 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Mexico's Mexichem second-quarter profit drops 51 pct

MEXICO CITY, July 23 - Mexican chemicals and plastic pipe maker Mexichem on Wednesday reported a 50.5 percent decline in second-quarter profit compared to the same period a year earlier.

Mexico's Mexichem first-quarter profit rises 19 pct

MEXICO CITY, April 29 - Mexican chemicals and plastic pipe maker Mexichem on Tuesday reported a 19.5 percent increase in profit in first-quarter.

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