Merger talks between Croda and Ashland were called off in January - Reuters
Speciality chemicals manufacturer Croda called off merger talks with US rival Ashland in January.
Ashland Global Holdings Inc
$59.80
11:00 31/01/20
0.00%
$0.00
Chemicals
7,290.96
15:45 15/11/24
-1.14%
-83.73
Croda International
3,501.00p
15:45 15/11/24
-2.99%
-108.00p
FTSE 100
8,060.61
15:45 15/11/24
n/a
n/a
FTSE 350
4,453.56
15:45 15/11/24
n/a
n/a
FTSE All-Share
4,411.85
15:45 15/11/24
n/a
n/a
According to a sourced report from Reuters, the details of the talks were not available.
Earlier, the FT Alphaville had noted market talk on Wednesday regarding a possible bid from Croda, albeit cautioning that speculation regarding a possible bid had first surfaced in 2014.
As of 1539 GMT, shares of Croda were 1.83% higher to 4,356p.