Albemarle completes acquisition Rockwood

Albemarle completes acquisition of Rockwood

4:34 AM, 16th January 2015
Albemarle completes acquisition of Rockwood

BATON ROUGE, US: Albemarle Corporation has completed its acquisition of Rockwood Holdings Inc pursuant to the terms of their previously announced agreement and plan of merger dated as of 15 July 2014.

Under the terms of the merger agreement, Rockwood has become a wholly-owned subsidiary of Albemarle and each previously outstanding share of Rockwood common stock. As a result of the completion of the transaction, Rockwood shares will cease trading on and will be delisted from the New York Stock Exchange.

“Our combined world-class team, expanded customer reach and increased diversity across end markets, technologies and geographies positions Albemarle to drive long-term growth and produce great results for our employees, customers, shareholders and the communities in which we operate. We look forward to the future,” said Luke Kissam, President, CEO, Albemarle.

 

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