Requested symbol wasn't found

U.S. Markets closed


NasdaqGM . Currency in USD
Add to watchlist
Interactive chart
  • 1d
  • 5d
  • 1m
  • 6m
  • YTD
  • 1y
  • 2y
  • 5y
  • 10y
  • Max
Previous CloseN/A
BidN/A x N/A
AskN/A x N/A
Day's RangeN/A - N/A
52 Week Rangeundefined - undefined
Avg. VolumeN/A
Market CapN/A
PE Ratio (TTM)N/A
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Bloomberg3 years ago

    Ingredion to Buy Penford for $340 Million to Add Starches

    Ingredion Inc. (INGR) , a maker of high-fructose corn syrup, agreed to buy Penford Corp. (PENX) for about $340 million in cash to add potato starches to its range of specialty food ingredients. Ingredion will pay $19 a share, 73 percent more than its closing share price yesterday, Centennial, Colorado-based Penford said today in a statement. Excluding acquisition costs, the deal will increase Ingredion’s earnings by 10 to 15 cents a share in the first year, Ingredion said in a separate statement. “Penford’s range of products addresses growing consumer trends, including nutrition, gluten-free, food textures, and sustainable green solutions,” Ilene Gordon, chairman and chief executive officer of Westchester, Illinois-based Ingredion, said in the company’s statement.

  • We're sorry this is all we were able to find about this topic.