Albemarle offers to buy Albright for $656 million

Article Abstract:

Albemarle Corp. has made an offer of 408 million pound sterling ($656 million) in cash to acquire Albright & Wilson PLC. Albright & Wilson is a phosphates group. Albemarle, which manufactures specialty and fine chemicals, is making a 130 pence cash offer for every Albright's shares. The board of directors for Albright has already approved the offer. However, some analysts cautioned that other interested parties will make offers for Albright.

Comment:

Albemarle makes offer of 408 million pound sterling ($656 million) in cash to acquire Albright & Wilson

Albemarle Corp., ALB, Albright and Wilson PLC

BOC is likely to reject joint takeover proposal

Article Abstract:

BOC Group PLC will announce that it is turning down Air Products & Chemicals Inc.-Air Liquide SA's joint acquisition proposal. The two firms were offering to acquire BOC for $11.5 billion (11.12 billion euros). The companies are some of the largest in the industrial gas industry. BOC had initially attempted to merge with Praxair Inc. However, management control disagreements killed the deal.

Comment:

BOC Group to reject Air Products & Chemicals Inc.-Air Liquide SA's joint acquisition proposal

France, Air Products and Chemicals Inc., BOC Group PLC, L'Air Liquide S.A.

Dow Chemical agrees to buy Ascot for $438.1 million

Article Abstract:

Dow Chemical Co. has reached a deal to acquire Ascot PLC for $438.1 million (493.6 million euros). The deal will expand Dow's higher-profile chemical products operations.

Dow Chemical Co. (Midland, Michigan), DOW, Ascot PLC