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
9,390.47
17:10 19/04/24
0.67%
62.57
Croda International
4,876.00p
16:45 19/04/24
0.56%
27.00p
FTSE 100
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16:59 19/04/24
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FTSE 350
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17:09 19/04/24
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FTSE All-Share
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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.