Last month, German chemicals company Lanxess announced a major deal when it said it would pay 2.4 billion euros ($2.61 billion) for Chemtura, a Philadelphia-based chemicals maker that specializes in flame retardants and lubricants. The deal is the latest in a series of transformative moves that Lanxess (ticker:ticker::LXS.Germany) has taken in the past year to reduce its reliance on making synthetic rubber for car tires. Bringing Chemtura (CHMT) into the fold will make Lanxess a less-cyclical and higher-margin company.
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- PR Newswire•15 days agoCHEMTURA SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Chemtura Corp. (CHMT) Over the Proposed Sale of the Company to LANXESS AG
NEW YORK, Oct. 7, 2016 /PRNewswire/ -- Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP , a leading national securities firm headquartered in New York City, is investigating the Board of Directors ...
Chemtura Corporation (CHMT)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||32.89 x 1200|
|Ask||32.90 x 6100|
|Day's Range||32.78 - 32.94|
|52wk Range||23.50 - 32.99|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||62.08|
|Avg Vol (3m)||927,492|
|Dividend & Yield||0.00 (0.00%)|