Unipar Carbocloro SA (UNIP6.SA)
R$ 0.29 (+1.70%)
Latest Key Developments (Source: Significant Developments)
Unipar Carbocloro SA
Solvay SA:To sell its 70.59 pct stake in Solvay Indupa to Brazil's Unipar Carbocloro.Transaction is based on a total enterprise value of $202.2 million. Full Article
Unipar Carbocloro SA:Says it proposes dividend payment for FY 2015 totaling 25.2 million Brazilian reais, of which 8.0 million reais for ordinary shares, 1.2 million reais for preferred A class shares and 16.0 million reais for preferred B class shares.This corresponds to 0.2885 real per ordinary share, 0.46 real per preferred A class share and 0.3173 real per preferred B class share. Full Article
Unipar Carbocloro SA:Says that controlling shareholder Vila Velha SA Administracao e Participacoes (Vila Velha SA) has informed about its intention to proceed with public offer for acquisition of the company's issued shares in order to cancel the company's listing.Says Vila Velha SA has decided to raise offer price to 7.50 reais, including a premium of 2.50 reais above the lower limit of the price range.Says new price will be offered, without distinction, for common shares and preferred shares of A and B classes.Says 5.00 reais per share will be paid on liquidation date of the public offer, and 2.50 reais per share will be paid within five years in five annual installments of 0.50 real per share. Full Article
SAO PAULO, July 6 Brazilian investor Luiz Barsi has urged other minority shareholders in Unipar Carbocloro SA to set an asking price for their shares well above a management-led tender to take the Brazilian chemical producer private.