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New Deal


Announced

Completed

Platform Specialty Products Corp acquired Alent for $2.2bn.

Financials

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Transaction Value£1,481m
Consideration TypePartial Share Alternative, Cash
Capital Owned-
Capital Bid For100%
EV/Sales2.3x
EV/EBITDA14x
Share Price Premium-
One Off Charge-

Sources

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Tags

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Specialty Chemicals

engineered materials

specialty chemicals

Chemicals

United Kingdom

Public

Scheme

Completed

Friendly

Single Bidder

Synopsis

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Platform Specialty Products Corp, US specialty chemical products holding company, has made an offer to acquire entire issued and to be issued share capital of Alent plc, UK provider of advanced surface treatment plating chemicals and electronics assembly materials.The offer price is Stg5.03 per each Alent plc share what values the entire share capital at Stg1.35bn ($2.26bn) including net debt Stg108.3m. The transaction has been completed.

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