28th Oct 2021 19:54
Synthomer PLC - Essex-based chemicals company - Successfully raises GBP205 million from placing of 42.5 million shares at 485 pence each.
Earlier on Thursday, Synthomer announced the purchase of the adhesive resins business of Tennessee, US-based Eastman Chemical Co for USD1 billion in cash. The placing will help pay for the acquisition.
Current stock price: 494.20 pence
Year-to-date change: up 9.9%
By Eric Cunha; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
Synthomer