Announced
Financials
Sources
Tags
Single Bidder
Private Equity
Chemicals: Diversified
Pending
Friendly
Acquisition
Cross Border
Canada
Minority
industrial materials
Public
Synopsis
Hastings Technology Metals, a rare earths developer, agreed to acquire a 22.1% stake in Neo Performance Materials, an industrial materials manufacturer, from Oaktree Capital, a global asset management firm, for $104m. “The acquisition of the Neo stake represents an important strategic milestone for Hastings, providing the company and its shareholders with a unique opportunity to take further steps towards realising the Hastings 2.0 strategy,” Charles Lew, Hastings Chairman.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.